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Newcastle Herald
Newcastle Herald
Michael Parris

Hunter rental stress well above national average

New research shows Hunter renters are paying a much greater share of their income on leases than they were three years ago and a much bigger proportion than the national average.

The CoreLogic report shows renters on a median income in Newcastle and Lake Macquarie in March would need to spend 34.5 per cent of their gross pay on servicing a typical new lease, compared with 30.8 per cent nationally.

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