Australian Property Rental Averages 2020

Median Rental Costs in Australia, 2020.

These are the median weekly rental costs for residential accommodation in the major capital cities of Australia, at December 2020.

Sydney:
$550 Houses
$470 Units (Apartments, Town Houses etc)

Melbourne:
$440 Houses
$338 Units (Apartments, Town Houses etc)

Brisbane:
$425 Houses
$400 Units (Apartments, Town Houses etc)

Adelaide:
$410 Houses
$340 Units (Apartments, Town Houses etc)

Canberra:
$600 Houses
$495 Units (Apartments, Town Houses etc)


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Perth:
$420 Houses
$350 Units (Apartments, Town Houses etc)

Hobart:
$460 Houses
$400 Units (Apartments, Town Houses etc)

Darwin:
$550 Houses
$420 Units (Apartments, Town Houses etc)

More 2020 figures can be seen at: domain.com.au/…/december-2020

For a comparison of cost of living, the Minimum Weekly Full Time Wage in Australia at that time was $753.80 per week.

Median Weekly Rental Costs in Sydney, Australia at December 2020.

Sydney Regions – Houses

$1,000 City and East
$1,000 Lower North Shore
$960 Northern Beaches
$785 Upper North Shore Sydney
$750 Inner West Sydney
$620 South Sydney
$600 North West Sydney
$520 Canterbury Bankstown
$450 South West Sydney
$450 West Sydney
$450 Blue Mountains
$430 Central Coast

Sydney Regions – Units (Apartments, Town Houses etc)

$650 City and East
$600 Northern Beaches
$595 Lower North Shore
$525 Inner West
$520 Upper North Shore
$495 South
$490 North West
$420 West
$400 Canterbury Bankstown
$385 Central Coast
$350 South West
$343 Blue Mountains

Source: Domain Rental Report December Quarter 2019

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