A 'For Lease' sign at the entrance of a property in Sydney. Credit: Lisa Maree Williams/Getty Images
Australia is facing its worst rental affordability crisis in 17 years, with soaring rent prices outpacing income growth, affecting millions. The latest PropTrack Rental Affordability report finds households on the median income of $110,000 per year could only afford 39 per cent of available properties to rent.
Australia is facing its worst rental affordability crisis in 17 years, with soaring rent prices outpacing income growth, affecting millions. The latest PropTrack Rental Affordability report finds households on the median income of $110,000 per year could only afford 39 per cent of available properties to rent.
