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The average weekly price for a rental in Australia is $570 per week. Units are typically cheaper, at a national median of $540 vis-a-vis houses at $582. [3] Rental prices grew nationally by 10.1% between 2022 and 2023; substantially higher than the annualised CPI rate of 7% for the period.
As of July 2015, the Property Market in Sydney has surged in the first Q of 2015, up 3.1%. [12] Sydney's eastern and northern suburbs typically attract the highest prices, reflecting their desirability and premium location. [13] The annual capital growth for houses and units in Sydney is 4.2% and 3.8% respectively. [14]
Landsat 7 false-color image of the Sydney area and surrounding suburbs. The image demonstrates how the built-up areas (pink) have been constrained by the Royal National Park to the south, the Ku-ring-gai Chase National Park to the north, and the Blue Mountains National Park to the west (a boundary that generally follows a geological feature called the Lapstone Monocline, dividing the Blue ...
With an internal area of 190 square metres, the price of $44,210 per square metre was an Australian record. [1] In July 2015, a Level 11 penthouse in the Bennelong Apartments sold for approximately $22 million, which at the time was the second most expensive apartment sale in the history of Sydney and Australia. [2]
Sydney is the capital city of the state of New South Wales and the most populous city in Australia.Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about 80 km (50 mi) from the Pacific Ocean in the east to the Blue Mountains in the west, and about 80 km (50 mi) from the Ku-ring-gai Chase National Park and the Hawkesbury River in the north and north-west ...
Sydney has 30 local government areas, each consisting of several suburbs. Areas that are not strictly suburbs (i.e. are uninhabited, were former suburbs, or lie within suburbs) are found in the Sydney localities category. Usage note: In Australia, "suburbs" are the official postal subdivisions of a city.
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