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Tenants in capital cities feel the heat as rents skyrocket

Demand for rental properties remains high in inner city suburbs across Australia, a real estate group says. Low vacancy rates, improving employment, the end of the first home buyers' grant and last year's string of rate increases have contributing to the hikes.

Demand for rental properties remains high in inner city suburbs across Australia, a real estate group says. Low vacancy rates, improving employment, the end of the first home buyers' grant and last year's string of rate increases have contributing to the hikes.…

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