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The number of homes available to rent in Australia’s capital cities fell a further 5.4 per cent last month to a historic national low – a 54 per cent slump since May 2020.
Over the last two years, the Australian property market boom has seen rents increase and vacancy rates plummet, resulting in a rental market that is more favourable to landlords than tenants. But n
Over the last two years, the Australian property market boom has seen rents increase and vacancy rates plummet, resulting in a rental market that is more favourable to landlords than tenants. But not all locations have followed the national trajectory.
The cost of housing versus the distance you have to spend commuting to your workplace is an equation most Australians will have grappled with at some point in their lives.
Rental markets are tightening virtually all over the country, but there are a handful of suburbs where the situation is growing “desperate, ” according to new analysis. RentRabbit’s quarterly