unit: But the costs of renting a unit have stayed flat or risen in most cities, with only Sydney and Adelaide seeing declines, according to Nine News Australia. The decline in rental costs have reflected a wider slip in house and unit prices across the country, brought on by an economic slowdown and a jump in supply. To improve your experience update it here News National House rental costs drop across the country, flats flat By Nick Pearson10 35am Jul 11, 2019Facebook Tweet Mail The cost of renting a house has dropped across the nation, according to new research by Domain. Read more The suburbs where buying is cheaper than renting Rental prices in Sydney Unit rental prices in Sydney have dropped almost five per cent in the past 12 months, thanks largely to a surge in new apartments being built. It's just a one-bedroom apartment, but the median price would be a worthwhile spend in Sydney based on the Harbour views alone. Related Articles The suburbs where buying is cheaper than renting Mascot Towers apartment owners vote to foot 1m levy Real estate agent jailed for stealing house deposits But with a median rent price of 525, Sydney remains the costliest place to rent a unit in the country by a significant margin Domain says.
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