18 December 2007

Canberra apartments now the most expensive in the country to rent

18 December 2007 | VYBerlinaV8_the_one_they_all_copy

According to this story from news.com.au, Canberra now has the most expensive apartments in the country for rent. The average weekly asking rent for apartments is now $420 per week, up from $370 per week at the end of the September quarter.

And apparently it’s going to get worse. (This is my sensationalist bit to pique your interest in this story).

So just how hard is it to rent an apartment in Canberra these days? Are the figures skewed from the newer luxury apartments asking megabuck rents, or have prices risen everywhere?

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sepi8:49 am 02 Jan 08

There are 4 houses in Downer for rent from 320-370 a week with backyards.

trix12:50 am 02 Jan 08

The new apartments cost more, but try finding *anything* to rent in the inner North/Belco, with some back yard, for less than $400 a week. It doesn’t exist.

gooterz11:44 pm 18 Dec 07

It is skew, because apartments in other cities (homes close to the city) are town houses etc here. So basically canberras low rent appartments are houses

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