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Australia's 'most liveable' city is now the cheapest to rent houses

Melbourne's rental prices have done down (AAP).jpg

Melbourne's rental prices have come down Source: AAP

The housing crisis has seen people finding it increasingly hard to rent or buy a house in Australia's capital cities. But while most of the country has seen prices going up there's one place where prices have gone down - and that's Melbourne, where rental prices have gone down almost two percent year on year. SBS's Cameron Carr spoke to Dr Nicola Powell from Domain, to find out what's driving down prices.


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By Cameron Carr

Source: SBS News



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The housing crisis has seen people finding it increasingly hard to rent or buy a house in Australia's capital cities. But while most of the country has seen prices going up there's one place where prices have gone down - and that's Melbourne, where rental prices have gone down almost two percent year on year. SBS's Cameron Carr spoke to Dr Nicola Powell from Domain, to find out what's driving down prices.


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