Where Perth rentals may go in 2011? There are both optimistic forecast and cautious opinion. According to Australian Property Monitors, $100 billion of resources projects will go ahead in Perth and this will lead to strong growth in the economy and wages and salaries. This will drive house price growth in Perth and put a …
Rents would increase 2.8 to 7 percent in 2011
RP Data said rents in capital cities are expected to increase by around 7 per cent during 2011 compared with the 4.2 percent increase in 2010 while NAB’s residential property survey, which tipped moderate falls in house prices in 2011, said rents would increase 2.8 per cent in the same period, and 4.1 per cent …
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What is the average rent in Sydney?
Average weekly rent in Sydney have increased to $400 a week, an increase of $10 since last year, according to an article from the Sydney Morning Herald. This means the average monthly rent in Sydney in 2010 is about $1,733. Tenants in the outer-ring suburbs, such as Blacktown and Sutherland, faced the largest rises, with rent …