Jul 9, 2026 – 5.00amInsurance pricing analyst Suvitti Deo has been forced to move several times since she relocated from Canberra to Sydney nearly three years ago, and with each apartment lease, she’s been required to pay a little bit more.“It’s the biggest expense I have. It’s 40 per cent of what I earn each week. Yeah, it’s a lot. I wish I was paying a lot less than what I’m paying now,” the 25-year-old said.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘It’s a lot’: Sydney renters overwhelmed amid record rent rises
Some tenants are spending as much as 40 per cent of their income on their lodgings as rents hit fresh highs. In Sydney, the weekly median is now $841.
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