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rental properties

More rental pain as vacancy rates fall

Prospective rental tenants across the country face even tougher conditions after the national vacancy rate dropped to its lowest level on record.The vacancy rate slumped to 1.02 per cent in October marking a 0.6 percentage point slide from…

‘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…

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…

New low for renters as crisis worsens

The national rental vacancy rate is at its lowest level since 2018, reflecting a further tightening of an already scarce rental market. The capital cities experienced a 0.1 percentage point drop in the vacancy rate in February to now sit at…

Triple threat coming for Aussies

A triple threat is headed towards desperate Australians after the Reserve Bank of Australia hiked rates for the tenth time in a row.While some experts accused the RBA of taking a “sledgehammer” to the economy by pushing rates to a 11 year…

Inside fight to fix Aussie rental crisis

Rental vacancies are at near-record lows across the country, and combined with skyrocketing house prices, families are being literally left out in the cold. The crisis is driven by a number of things, including increasing immigration and…

Dad ‘forced to buy’ kids $3.8 million home

A very generous father has bought his three children a $3.8 million three-bedroom home in a sought-after Sydney suburb because they couldn’t find an affordable rental.The terraced house on Underwood Street in Paddington was snapped up by…