Australia’s capital cities record largest ever annual rent increases as housing crisis worsens

Over 40% of suburbs recorded rental increases of 10% or more in the past year, according to CoreLogic

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Australian capital cities have once again recorded their strongest ever annual rent increases, amid a rapidly worsening housing crisis.

Rent has also exponentially increased across the country, with over 40% of suburbs recording rental increases of 10% or more in the past year.

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