Australian rents stagnate as tenants hit affordability ceiling: report

NAMPA / Xinhua
2026-10-08
SYDNEY, Oct. 8 (Xinhua) -- Median rent growth in Australia's capital cities has stagnated as tenants hit their affordability ceiling, according to a new report. The latest quarterly rent report released by property marketplace Domain on Thursday showed that rent growth for houses and units in capital cities remained largely flat in the September quarter. It said that the median asking rent for houses in all capital cities was 700 Australian......
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