Australian Property Rental Averages 2020



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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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