The ABC informs us that Canberra rents are the highest in the country and the fastest rising:
- A leading property data group has found Canberra’s rental market is the most expensive of all Australian capitals.
Recent figures from the Australian Property Monitors show Canberra recorded the biggest increase to average weekly rents in the December quarter.
Rent prices increased by 5 per cent for homes and 5.3 per cent for apartments.
Note to Gubbmint. Build more houses. They don’t have to be cheap houses, just more of them please.