Canberra Still Most Expensive City For Rent


It’s not good news for renters in the territory.

Canberra is still the most expensive capital city to rent in Australia.

Domain’s latest quarterly rent report found on average it is costing renters $600 a week for a house or $500 per week for a unit.

Domain Senior Research Analyst Doctor Nicola Powell says we need to make the ACT a more attractive destination for investors as there’s been a lack of investment activity.