A New Report Looks Into How Many Aussie Rentals Are Going For Below $400 The Stats Are Dire

If you’ve felt like you can’t find a single place to live in your budget when you doom scroll realestate.com.au, you’re not alone. A new rental report has dropped some alarming stats on what we already knew in the deepest pits of our stomachs: the amount of affordable rental properties available across Australia has basically halved. The ongoing rental crisis across Australia is in full swing, with the latest PropTrack Market Insight Report revealing that only 17.6 per cent of properties listed on realestate.com.au are going $400 or less as of February 2023. In March 2020, just as the COVID pandemic began, 42.5 per cent of properties were listed for under $400 a week — more than double what’s currently on offer. These numbers are expected to get worse since online learning has been banned for Chinese international students

Sydney

news.com.au

Melbourne

@purplepingers

Frankston always provides #shitrentals #shitrentalsofmelbourne #frankston

♬ original sound – Jordie van den Berg

Brisbane

refusing to provide tenants with working toiletsencouraging landlords to jack up rent by 20 per cent during a housing crisisa ban on rental bidding only going through earlier this year

@rachmcqueen1

Real Estate with Rachel. Gumtree slumlord edition. @Australian Labor Party something needs to be done about this. Does this look like the kind of property that people in Australia should be living in? For $600 per week? Allowing the property/rental market to run wild the way it has, is enabling this profiteering off the desperation of people who need somewhere to live. Surely no one will tent this place, but regardless it is inexcusable behaviour and for $600 per week? The audacity of this person to also request bond AND four weeks in advance on rent at all times. For an outdoor bathroom? For this? Things just keep getting worse out here. All the landlord lovers in my comments can stfu, your time is coming…we’re not going to let this go. People deserve livable standards ESPECIALLY when they’re paying money which then pays the lanlords bills. Get a grip on reality, this is unhinged. #realestatewithrachel #housingcrisisaustralia #rentalcrisisaustralia #greedylandlord #shitrentals #brisbanerental #brisbanerealestate #brisbaneaustralia #slumlord

♬ original sound – Rach McQueen

Adelaide

Perth

Hobart

@purplepingers

pictures u can smell #tasmania #realestate #hobart #australia #shitrentals

♬ original sound – Jordie van den Berg

Darwin

ACT/Canberra

Cameron Kusher

“The fall in the availability of more affordable rentals and the surging competition for rental stock is creating challenges for those on lower incomes or government support payments as they try to source increasingly scarce rental accommodation.” Great. Just fucking great.

The post A New Report Looks Into How Many Aussie Rentals Are Going For Below $400 & The Stats Are Dire appeared first on PEDESTRIAN.TV .