Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Record-high rents and low supply are worsening housing stress in Australia, with weekly rents now averaging over $700.

flag Soaring rents and a record-low rental vacancy rate of 1.47% are driving housing stress across Australia, with median weekly rents surpassing $700 for the first time, up 44% over five years. flag Limited supply—25% below average—has intensified competition, pushing renters to apply for unsuitable homes or bid aggressively, while many avoid reporting repairs due to fear of rent hikes. flag Sydney remains the least affordable city at $807 per week, followed by Perth and Brisbane, while Hobart is the most affordable at $584. flag Darwin saw the largest rent increase at nearly 8%, while Melbourne rose just 1.4%. flag Regional rents, at $591 per week, are rising faster than capital city rents. flag Only the ACT has a CPI-linked rent increase guideline, and rising rents are contributing to inflation, potentially delaying future interest rate cuts by the Reserve Bank of Australia.

79 Articles