Australia's Outback Price Tag, City-Level Rent
Friday, 4 October 2024
Baynton, a small town in Western Australia's Pilbara region, has emerged as a surprising contender for the title of most expensive regional rental market in Australia. Despite its remote location and relatively small population, weekly rents in Baynton can rival those of affluent Sydney and Melbourne suburbs like Point Piper and Toorak. This unexpected trend is primarily driven by the strong demand for housing from workers in the mining industry.
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