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Australian Rent Is On The Decline But Melbourne Is On The Incline.

Australian Rent is on the decline, but Melbourne is on the incline. As the cost of rent throughout Australia continues to drop at record rates, rent across the capital cities fell by 0.3% according to the latest CoreLogic Rental Index. The year-to-year drop is the steepest on record since the survey first began in 1996. Nationally, the average rent is at $483 per week, back to where they were in...

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