Major rental hikes on the way for homes in Sydney's south-west

Australia News News

Major rental hikes on the way for homes in Sydney's south-west
Australia Latest News,Australia Headlines
  • 📰 9NewsSyd
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

The news couldn't come at a worse time, with cost of living pressures from groceries, petrol and other bills already leaving many families feeling the squeeze. 9News

The news couldn't come at a worse time, withpressures from groceries, petrol and other bills already leaving many families feeling the squeeze.

The south-west has already recorded an 11 per cent annual increase in rent with the average asking rent pushing $500."Families have already made changes to tighten the belt," Kate Colvin, from Everybody's Home, said. "And of course, many people are not being able to keep up with their rent, more people pushed to the brink."Western Sydney is another hotspot for expected hikes, with a 1.27 per cent vacancy rate and 16.2 per cent annual rent increase, while Canterbury-Bankstown has a 1.33 per cent vacancy rate and 14.4 per cent annual rent increase.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

9NewsSyd /  🏆 23. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wimbledon shock as major contender pulls outA mega threat is no longer in the hunt for Wimbledon glory after withdrawing due to COVID-19. 😳 9WWOS Wimbledon tennis
Read more »

Haas to play through pain in major boost for Blues, BroncosHaas to play through pain in major boost for Blues, BroncosThe prop is on course to be fit for the Origin series decider, as multiple Queensland stars sit out this weekend’s NRL action.
Read more »

Albanese says Russia’s ‘brutal’ invasion has major consequences for worldAlbanese says Russia’s ‘brutal’ invasion has major consequences for worldIn Madrid, Anthony Albanese has called on democratic nations to stay the course on their support for Ukraine in the face of Russia’s invasion.
Read more »

China halves quarantine in major COVID-19 policy shiftChina halves quarantine in major COVID-19 policy shiftChina is halving hotel quarantine for arrivals to seven days in the first easing of Xi Jinping’s tight border controls imposed at the start of the pandemic.
Read more »

This is why people moved away from major partiesThis is why people moved away from major partiesWilcox's view: Love children of the US Supreme Court. Illustration: Cathy Wilcox. Read the letters to the editor here
Read more »

NSW Farmer accuses major supermarkets of price gougingNSW Farmer accuses major supermarkets of price gougingHorticulture committee chair for NSW Farmers Guy Gaeta has accused supermarkets of ripping off farmers and consumers by charging more for fresh fruit and vegetables at the checkout.
Read more »



Render Time: 2025-03-31 21:49:35