Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Tess Ikonomou

DARK SECRETS: Capital city rents hit record highs apart from one | Rare Historical Photos

Every Australian capital bar one recorded annual growth in house rents according to a report. (Glenn Hunt/AAP PHOTOS)

Rents have hit record highs in all Australian capitals bar Melbourne, but property analysts expect the cultured metropolis to yield long-term growth.

The latest Domain Rent Report reveals Melbourne has the cheapest house rents in the country at a median weekly rate of $580, while Sydney has the highest at $800.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.