CANBERRA remains the most expensive state or territory to rent a house or unit and tenants are finding it harder to secure a lease, according to the Domain Rent Report for the March quarter.
Released today (April 15), Domain senior research analyst Dr Nicola Powell said the average rental price for a house was $600 a week over the past quarter. The average price for a unit was $500 a week.
“House rents held steady over the quarter but are 3.4 per cent higher annually,” she said.
“Unit rents increased another $5 over the March quarter, 4.2 per cent higher year-on-year. This has pushed the price gap further from Sydney, with Canberra unit rents now $30 more than renting a unit in Sydney. It is also $50 a week…