Affordable rental properties in Australian capital cities at ‘record low’

Just 16.2% of all rentals listed for $400 or less in April 2023, down from 30.2% in 2022

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The number of properties listed for under $400 per week has halved in the last year , new data from PropTrack shows.

The report, which analysed data from listings on realestate.com, found therental crisis had worsened in the past 12 months. In 2022, it said, 30.2% of all rental listings were under $400 a week. That number has nowdropped to 16.2%.

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