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Updated by Beryan Anderson on Oct 13, 2016
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Australian Rent is on the decline, but Melbourne is on the incline

As the cost of rent throughout Australia continues to drop at record rates, rent across the capital cities fell by 0.3% according to the latest Core Logic Rental Index. The year-to-year drop is the steepest on record since the survey first began in 1996.

Source: http://www.freshpropertymanagementgroup.com.au/australian-rent-is-on-the-decline-but-melbourne-is-on-the-incline/