Friday 4 July 2008

Region. Rent rises in outer and middle-rings

The NSW Department of Housing Rent and Sales report showed median weekly rents on rental properties in the middle ring (which includes Parramatta) and the outer ring (which includes the Blue Mountains) saw an increase of $10 over the quarter to $360 and $300 respectively. Parramatta is a rental hot spot for two-bedroom separate houses, with an annual rent rise of 19.6 per cent.

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