‘Australia is a landlord’s market’: rents still at record high despite slow growth, report shows

Rents are not growing as quickly as previous years but affordability still remains a problem across the country, researchers say. Photograph: Bloomberg/Getty Images

Rents are growing at the slowest rate in four years thanks in part to increased supply, but are still at record highs, Domain’s March quarterly report has revealed.

It comes as Anglicare Australia launches a heat map showing rental affordability in each electorate, with Kingsford Smith, Bradfield, Sydney and Warringah in New South Wales and Fadden in Queensland the five least-affordable electorates in the country.