Sydney rents surge $40 with no relief ahead

Sydney weekly rents have increased by more than $40 in the past year, rising approximately 5% to above $2,000 per week in parts of the eastern suburbs and North Sydney. The cheapest rental suburbs include Karamah, Tarmor, Katoomba, Cabramatta, Canley Vale and Lamia, while the most vacant rentals are found in Currajong Heights, Menangle Park, Bidwell, Barangaroo, North St Mary's, Mount Karengai, East Gardens and Zetland. Property experts predict no relief in 2025, with supply being chronically outweighed by demand across Sydney's rental market.

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