Perth remains the most affordable capital city in the nation to rent a house or a unit, a new report shows.
The city’s median weekly asking rent during the March quarter increased 1.4 per cent to $365, a 2.8 per cent rise year-on-year, according to the latest Domain Rental Report, released on Thursday.
For units, median weekly rents remained unchanged during the quarter, and year to March, at $300 per week.
The CoreLogic Quarterly Rental Review recorded 1.8 per cent growth in Perth’s median weekly rent to $385, marginally cheaper than Adelaide at $386 per week.
Over the past 12 months Perth rents have increased 2.1 per cent and it was second only to Hobart in terms of growth
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Wednesday, 8 May 2019