The given bar charts delineate the data on average rent for houses and apartments per week in Sydney, Hobart, Darwin, and Perth during 2016 and 2017.
Overall, Sydney has the highest rent for houses and apartments, while Perth remained the most affordable city for rental property type during both years. All four cities experienced a rise in rent over the period, although the extent of growth varied. The most notable surge was in the rents of houses in Darwin.
For houses, Sydney’s rent climbed slightly from $500 to $550, maintaining its position at the top. Darwin followed with a significant rise from $420 to $550, reaching the same level as Sydney in 2017. The rent in Hobart showed a moderate increase from $300 to $390, whereas Perth remained the cheapest with only $30 growth.
A similar trend was seen in apartment rentals. Sydney again dominated the market, with a marginal rise from $500 to $530, while apartments in Darwin showed minimal growth from $400 to $420.Meanwhile, the rent in Hobart grew from $250 to $280; however, Perth’s apartment rent levelled off at $300.