Rental Prices Soar, Households Struggle
Update: 2025-12-11
Description
Australian rental prices have skyrocketed, with households now needing fifty-one percent more income to afford a typical rental house. This surge, particularly in capital cities, is causing a lower standard of living for renters and making it difficult for businesses to find essential workers. Sydney remains the most challenging rental market, with median house rents requiring a household income of over one hundred thirty-five thousand two hundred dollars annually. Perth, Brisbane, and Adelaide have also seen significant rent growth, with median house rents now taking up more than twenty-one percent of a typical households income.
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