Statistics About The Average Rent In Australia

In this post, we explore the diverse landscape of rental prices across various regions in Australia. From the high rents of major cities like Sydney and Canberra to the more affordable options in regional and rural areas, we analyze key statistics to understand the current trends in the Australian rental market. Stay tuned to discover how rental prices have fluctuated in different areas and how they compare to the national average.

Statistic 1

"The median weekly household rent in Australia is $335."

Statistic 2

"The median weekly rent for a one-bedroom apartment in Sydney is $495."

Statistic 3

"In Brisbane, the weekly rent for a three-bedroom house averages $420."

Statistic 4

"The average rent for a three-bedroom house in Darwin is $550 per week."

Statistic 5

"Canberra's average rent for a three-bedroom house is $570 per week."

Statistic 6

"Sydney has the highest average rent in Australia at $582 per week."

Statistic 7

"In 2021, average rental prices in Australia increased by 3.2%."

Statistic 8

"Melbourne had a 7.6% decrease in rental prices in 2020."

Statistic 9

"The average rent in rural areas of Australia is $277 per week."

Statistic 10

"The average asking rent for apartments in Sydney is $495 per week."

Statistic 11

"The average weekly rental price in regional Australia reached $315 in 2020."

Statistic 12

"The median weekly rent across all dwellings in South Australia was $295 in the third quarter of 2020."

Statistic 13

"The median weekly renting cost in Northern Territory was $460 in 2020."

Overall, the rental market in Australia exhibits significant variation in pricing across different regions and dwelling types. Sydney stands out with the highest average rent in the country, particularly for one-bedroom apartments. Darwin and Canberra follow closely with steep prices for three-bedroom houses. Interestingly, while rental prices increased nationwide in 2021, Melbourne experienced a considerable decrease the previous year. Rural areas generally offer more affordable rental options compared to major cities. These statistics highlight the dynamic nature of the Australian rental market and the importance of considering location and property type when assessing rental costs.