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rental properties

Troubling sign for renters as market tightens

Rental availability across Australia’s major cities has hit a 20-year low, with warnings the tight market is set to worsen through 2023.Strong demand for properties has met with low supply to cause a headache for Australians hunting for a…

Infuriating detail in Aussie rent crisis

There’s not much good news on the horizon for Australian renters, despite a recent modest boost to the amount of available rental properties.The number of residential rental vacancies Australia-wide increased to 39,568 properties in…

Major promise on hated renting rule

Renters in NSW could find it easier to have pets in their household under a major promise made ahead of the 2023 state election. Opposition leader Chris Minns has vowed if Labor are elected on March 23, his government will make major…

‘Horrific’ housing market prediction

For almost two years, Australia’s international borders were largely closed. International tourism more or less ceased to exist and net overseas migration went into reverse, as Australians and temporary visa holders left the country.Despite…

Renters facing auction-like competition

There are concerns Australian renters are being lured into paying more for overvalued properties through the practice of “rent bidding”. According to Tenants Union chief executive Leo Patterson Ross, rent bidding is similar to “creating an…

Sign rental market is about to blow up

PropTrack’s September rental report revealed that property rents nationally surged 10.3 per cent over the past year, with most markets recording double digit growth.The share of rental properties listed on realestate.com.au for less than…

Number renters should be afraid of

A new report has highlighted the dire state of renting in Australia, with the number of affordable rental properties having halved since the start of the pandemic. The PropTrack Market Insight Report revealed the share of rental properties…