The Sydney rental market in Sydney has come down considerably in some areas

The Eastern Suburbs, Lower North Shore and Inner West have fallen between 5% and 15% over the last year. For example, there is this two-bedroom unit in Bellevue Hill that is on the market for $545pw. It is currently reduced to $400pw for the first eight weeks. This home previously rented for $650pw and has now been on the market for two months.

The fall in rents across Sydney’s most desirable areas has created enormous opportunity for people to relocate to secure a better home, move to a more desirable area for the first time, move out of home, move in with friends, or pursue cheaper rent.

Melissa Maimann is a licensed real estate agent, buyer's agent and rental search / relocation agent in Sydney. She saves tenants time and frustration offering an affordable service that finds and secures the best rental properties quickly, easily and efficiently. If you need a Licensed Real Estate Agent to find your next rental home for you, don't hesitate to make contact.