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Australia is facing its worst rental affordability crisis in 17 years, with soaring rent prices outpacing income growth, affecting millions. The latest PropTrack Rental Affordability report finds households on the median income of $110,000 per year could only afford 39 per cent of available properties to rent.
Vacancy rates slump below 1.5%
Sydney, Melbourne suburbs top the list
Annual house price growth has sunk over the past six months as the prospect of higher interest rates weighed on buyers. House prices in Australia’s capital cities have undergone their most rapid sl
Australia's most popular real estate website has revealed buyer interest in recently booming property markets has plunged, with the Reserve Bank expected to keep raising the cash rate this year.