Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Jacob Shteyman

Six figures or out: income needed for typical rental

Rent rises are outpacing wages growth, making much of the nation unaffordable for many people. (Dan Peled/AAP PHOTOS)

Australian households on less than six-figure incomes are struggling to make rent for a typical capital city house, underscoring the depth of the nation's housing affordability challenge.

To afford the median rental house, a household must earn more than $112,000 a year - a 51 per cent increase compared to 2019 - according to a report released by property listings marketplace Domain on Thursday.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.