Property Rental Increases in 2011 in Australia

Property Rental Increases in 2011 in Australia

Figures released by RUN Property on Saturday 11th February 2012 showed that Sydney rents had risen by an average of 7.4% taking the average Sydney rent to $545 a week in 2011.

In Brisbane however, rents rose by an average of 3.3% taking the average Brisbane rent to $346 a week in 2011.

Melbourne rents rose by an average of 5.4% taking the average Melbourne rent up to $383 a week in 2011.

The two largest rental rise suburbs were:

  • 13.4% Fairfield, Melbourne.
  • 12.6% Edgecliff, Sydney.


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