Burwood takes top spot as fastest rental growth suburb in Sydney with a 17% increase: Investar
Staff reporterDecember 7, 2020
Burwood is the fastest rental growth in Sydney for units, according to Investar’s latest market report.
The investment firm states that Burwood’s rental price has increased by 17 percent to $470.
This is followed by Canterbury at 16 percent to $535 and Artarmon at 16 percent to $465.
Suburb | Postcode | Bedrooms | 1 yr change | |
Burwood | 2134 | Studio and 1 | $470 | 17% |
Canterbury | 2193 | 2 | $535 | 16% |
Artarmon | 2064 | Studio and 1 | $465 | 16% |
2022 | Studio and 1 | $580 | 16% | |
2500 | Studio and 1 | $300 | 15% | |
2089 | 3 | $975 | 14% | |
2023 | Studio and 1 | $520 | 14% |
An example would be a one bedroom unit at 19/316 Parramatta Road (above) where the weekly rent is $490 per week.
Similarly a one bedroom unit at 165/1 Railway Pde (below) has a weekly rent of $500.
