Housing hunger games creates misery for Sydney renters

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Domain reported that the cost of renting a median Sydney home hit a record high in September.

As illustrated below, the median weekly Sydney house rent was $780 in the September quarter of 2025, up $240 (44%) from $540 in the September quarter of 2020.

The median Sydney unit rent was $750 in the September quarter of 2025, up $255 (52%) from $495 in the September quarter of 2020.

Sydney asking rents
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.