Rental prices on Sydney units have fallen by almost 5.0 per cent over the year on an influx of new supply but remain "significantly" higher than anywhere else in Australia.
Rental prices for Sydney houses and units fell during the June quarter and are down year-on-year, real estate advertiser Domain says, with house rents down by 3.6 per cent to $530 a week - $20 below the peak of $550 in 2017 and 2018.