Australian properties for lease fall to record low as rents soar

PropTrack report finds number of December listings 30.2% below past decade's monthly average as housing advocates say government policies are failing

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Tenants are continuing to feel the pain of rising rents with the number of listings falling to another record low, according to the PropTrack Rental Report.

The report, released on Tuesday, found that total rental listings on realestate.com.au in December were at a record low, sitting 30.2% below the average over the past decade for the month.

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