Median weekly house rents hit $500 or more across Hunter

The stats are in, and the rise in rent prices across regional New South Wales is losing steam.

But the median cost is now well above $500 a week across the Hunter, and agents and economists alike say more supply is needed.

MEDIAN WEEKLY HOUSE RENTS (March 2024):

Newcastle $630

Lake Macquarie, Port Stephens, Singleton $600

Maitland $590

Cessnock $520

Muswellbrook, Dungog $500