Share of affordable properties in Australian capital cities has more than halved, analysis shows

Research has found less than 5% of Sydney standalone rental houses are listed at under $400 a week. Photograph: Sam Mooy/AAP

The share of rental properties listed for under $400 a week has more than halved to 15% across most Australian capital cities over the past year, accounting for just 7.8% of Sydney listings in February.

Research from data provider PropTrack, based on analysis of realestate.com.au found renters seeking a standalone house faced an even tighter market, with less than 5% of Sydney homes listed at under $400 a week.