Sydney, New South Wales, has the highest rent prices in Australia, and is ranked in the top 10 most expensive places to rent on the planet.
One third of Australians currently rent, with that percentage expected to dramatically increase over the next decade.
So, what does $350 rent a week get you in Sydney? And how does that compare with a far less densely populated capital like Hobart? We did some research, and the differences are stark.
Sydney, NSW
When I searched places to rent in Sydney for $350 a week, the first page did not offer properties.
It offered exclusively car spots.
But eventually I came across some inner city apartments, which featured the basics. This one, in Ultimo, is three kilometres, or a 13 minute drive, from the city centre.
Top Comments
So, the Sydney property is the only one in the CBD out of all the properties you chose to list. Yet another way of making Sydney look even worse than it actually is...? If you want to make a relevant statement, compare CBD properties to CBD properties, or suburban properties to suburban properties. Of course Sydney CBD rentals will look like crap if you compare them to options in suburbia in other cities.
Ah, but Sydney is Sydney. Pretty great city.