Sydney life of luxury moves out of reach faster than anywhere else in the world
Sydney tops a list of the world's fastest growing luxury rental property markets, while ordinary renters are also paying more than anywhere else in the country.
The sun refuses to set on Sydney's prime property market. (Image source: Shutterstock.com)
Nowhere in the world is the cost of renting a life of luxury rising faster than it is in Sydney.
A snapshot of trends in luxury lettings markets across 15 key world city markets has revealed that in the past 12 months, Sydney’s luxury property rental market has soared more than any other.
Knight Frank’s Prime Global Rental Index (PGRI) Q2 2024 revealed a 13.9 per cent rise in the New South Wales capital over the past 12 months. Its growth rate …
