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Rents fall in Darwin and Perth

06 August 2015 by News Desk

economy_graph2The cost of renting a home in Darwin and Perth has fallen in the past year but costs have risen in other capital cities.

House rents in Darwin have fallen by 3.3% in the past 12 months to an average of $580 while units (apartments) have dropped 6.1% to $465. The cost of renting a house in Perth has also fallen, by 4.3% to $445, and rents on units have dropped 4.6% to $420.

Rents in other capital cities across Australia have increased compared to the previous year, according to new statistics. Across the country, national average rent for houses increased by 3.6% to $430 in June, while the average for units has increased by 2.4%.

Sydney recorded the highest rental growth, with houses up 12.4% to $680 and units up 6.7% to $560.

Hobart has seen a rise of 4.4% for house rents to $360 and 3.6% for units to $285.

Melbourne saw rents rise 3.4% for houses to $455 and 1.3% for units to $400.

In the Australian Capital Territory, rents have risen by 3.1% for houses to $500, while units have increased 1.3% to $405.

Brisbane house rents are up by 2.3% to $450, while unit rents remain unchanged at $380.

Adelaide has seen modest growth of 1.4% for houses to $370 and 1.7% for units to $305, according to Onthehouse Data.

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