Australia's Rental Affordability Hits 17-Year Low 🏠

New data reveals rental costs across Australia are at their most unaffordable in 17 years, putting pressure on median-income households. Find out what this means for renters nationwide.

Australia's Rental Affordability Hits 17-Year Low 🏠
ABC NEWS (Australia)
432 views β€’ Mar 9, 2024
Australia's Rental Affordability Hits 17-Year Low 🏠

About this video

A report has found rental affordability across Australia has hit a 17-year low. According to real estate data firm PropTrack, households earning a median income can only afford 39% of rental properties advertised online, and almost no properties are considered affordable for households earning around $50,000.

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Views

432

Duration

1:14

Published

Mar 9, 2024

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