Rental prices for Sydney units fall 5%

NEWS: Rental prices for Sydney units have fallen by almost 5.0 per cent over the year on an influx of new supply.

Image of Sydney city skyline

ค่าเช่าห้องพักในนครซิดนีย์ลดต่ำลงเกือบ 5.0 เปอร์เซ็นต์ในช่วงปีที่ผ่านมาเนื่องจากมีจำนวนห้องเข้าสู่ตลาดมากขึ้น Source: AAP

Rental prices on Sydney units have fallen by almost 5.0 per cent over the year on an influx of new supply but remain "significantly" higher than anywhere else in Australia.

Rental prices for Sydney houses and units fell during the June quarter and are down year-on-year, real estate advertiser Domain says, with house rents down by 3.6 per cent to $530 a week - $20 below the peak of $550 in 2017 and 2018.

You can read the full version of this story in English on SBS News here.


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Presented by Tanu Attajarusit

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