Article 6K724 Number of affordable rentals in Australia at its lowest since records began

Number of affordable rentals in Australia at its lowest since records began

by
Australian Associated Press
from World news | The Guardian on (#6K724)

PropTrack report finds availability at its lowest in 17 years, with only 39% of properties affordable for median income households

The affordability of rental properties has reached its worst level since records began, a report has found.

The latest PropTrack Rental Affordability report found households on the median income of $110,000 a year could only afford 39% of available properties to rent.

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