Belle Property

Crows Nest's Rental Market After a steady start to 2022 following the Covid induced rental decline, the second half of the year saw an incredible boost to the rental market in Sydney. With prices increasing due to the shortage of stock and increased demand, tenants are looking at areas such as Crows Nest and suburbs with easy access to public transport, great lifestyles with cafes, schools and parks. Yield for Apartments Increase in 12 months Median rental price Houses Increase in 12 months 3.2% 12.55% Median rental price Apartments $540pw Yield for Houses 2.2% 1.8% $1,100pw Source: RPdata, Pricefinder, Realestate.com Rental Update.

RkJQdWJsaXNoZXIy MTI3ODI1