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rental market

Rent listings fall to record annual low

Australia’s rental shortage has continued to worsen with the total number of listings falling to a record annual low, a new report has revealed.Released on Monday, new analysis from PropTrack has found the number of new rental listings fell…

700,000 migrants to raise rent prices

More than 700,000 people are expected to move to Australia by the end of next year, adding to the squeeze on the nation’s already very tight rental market.The Albanese government’s second budget handed down on Tuesday night is forecasting a…

Record bounce back fuelling housing crisis

Australia’s house price recovery continued in April, with PropTrack’s dwelling values index recording a 0.1 per cent monthly rise to be up 1.4 per cent from its December trough.Sydney, the market which led the downturn, is now leading the…

Surprise locations where rentals are cheaper

The stories about the rental crisis are terrifying. Renters are facing big price hikes from their current landlords, and anyone entering the rental market is looking at even bigger price hikes. When a landlord gets new tenants, they tend to…

‘Worst year’ of rental crisis upon Australia

The rental market has never been more unaffordable for Australians on welfare and low incomes as supply dwindles and weekly costs skyrocket. Australia’s rent crisis continues to deepen with many households finding it impossible to access…

Sad figure facing Aussie renters

Australian tenants are being hit hard by inflation with fresh analysis showing 75 per cent of rental properties have increased in price over the past year.Before the pandemic, landlords had increased the rental prices of only about a…

Inside Sydney’s insane renting crisis

Renters who are feeling the heat as landlords push prices up have been taking extreme steps to ensure they have somewhere to live.For months shocking pictures have emerged showing long lines of hopefuls queuing to view rental properties…

Why essential workers can’t find rentals

Essential workers are spending about two thirds of their income on housing on average as the housing affordability crisis prices them out of their communities and exacerbates staff shortages across Australia.New analysis has found early…