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Rental affordability hits record lows in most capital cities and regions

By ABC NEWS (Australia)

Published : Nov. 22, 2024 - 14:12

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New data shows rental affordability has hit record lows in nearly every major capital. The annual rental affordability index released by SGS Economics and Planning, and National Shelter, confirms low-income earners are bearing the brunt of soaring rents. It also reveals Perth now has overtaken Sydney as the least affordable city to rent in Australia.

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