More Australians being ‘priced out’ of homes by big rent hikes, advocates fear

House rents in Australia have gone up by more than $14,000 a year on an average, according to research by Everybody’s Home. Photograph: Ellen Smith/The Guardian

Renters in Australian capital cities are on average spending nearly $15,000 more a year to rent a house since the start of the pandemic, analysis has revealed.

Research from the advocacy organisation Everybody’s Home showed on average renters in capitals are paying $14,700 more annually to rent a house, and $9,600 more to rent a unit compared with 2020.