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Melbourne could soon become the cheapest city for renters, while Canberra remains the most expensive – ABC News

Canberra remains the most expensive city in Australia for renters and Adelaide the cheapest, but Melbourne is cheaper than Brisbane for the first time in five years….

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House rents have hit record highs in every capital city in Australia except Melbourne, Perth and Darwin.
Key points:

  • Canberra remains the country’s most expensive capital city for renters
  • Melbourne is now one of the cheapest cities in Australia to rent a house or unit
  • Perth and Darwin have experienced the largest increases in rental prices of any other capital city

But for the first time on record, Melbourne has become the second-most-affordable capital city in Australia in which to rent a house,…

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