Perth now Australia’s least affordable city to rent

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Perth now Australia’s least affordable city to rent Credit: Amazing Aerial

Despite interest rates stabilising, rental stress remains unchanged across Australia.


Key Points
  • In many capital cities, households are still handing over almost a third of their income just to keep a roof over their heads.
  • The nation’s least affordable capital, Perth, has slipped even further, recording another four per cent drop in affordability on top of last year’s record low.
  • The Federal Government says it recognises more needs to be done — but argues it is increasing supply through national housing funds and by partnering with the states to build more rental homes.
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