Four NSW towns are most affordable to rent, but face severe property shortages and rising costs.

Four towns in New South Wales—Tamworth, Armidale, Inverell, and Moree—have been named the most affordable places to rent in the state, based on household income and rental prices. Despite affordability, these areas face a severe shortage of rental properties, with Tamworth's vacancy rate at less than 1%. Rising costs due to higher interest rates and insurance fees may lead to increased rents, making it harder for tenants to find affordable housing.

November 24, 2024
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