The Latest Breaking News from Domain

City apartment rentals cost almost as much as a house

Tenants are still facing sharp price increases, with the cost of renting a unit catching up with houses in some big cities.

AAP · Jul 5, 2023

Rents rise again across Australia with Sydney seeing fastest rise in 20 years

Median unit in harbour city now costs more than median house in every other capital, Domain says, as immigration adds to rental ‘pressure cooker’

The Guardian - AU · Jul 5, 2023

Forced property sales on the rise in outer Sydney as interest rate hikes start to bite

Domain data shows distressed listings as a share of the national market remain low but there’s been an uptick in outer suburban pockets

The Guardian - AU · Jun 23, 2023

House prices will keep rising into next year, says Domain, as immigration boosts demand

Sydney to lead recovery with 6% to 9% increase by next June while Melbourne, Adelaide, Perth and Brisbane will come close to or beat record highs

The Guardian - AU · Jun 21, 2023

An Overgrown, Mould-Covered Piece Of Shit Has Just Hit The Sydney Housing Market For $2.5 Mil

An "abandoned" and "unliveable" house in Sydney's inner suburbs has just hit the property market with a buyers guide price of $2.5 million.

Pedestrian.tv · Jun 10, 2023

Adam Bandt says rents are rising six times faster than wages. Is that correct?

Greens leader Adam Bandt says rents are rising six times faster than wages. Is that correct? RMIT ABC Fact Check investigates.

ABC News · May 24, 2023

'Cascade effect' pushing people into homelessness after rental prices, property scarcity hit records

With the national rental vacancy rate at a record low for a fourth straight month, welfare workers say they are seeing more and more people being pushed into homelessness.

ABC News · May 3, 2023

Rents are at a record high across Australia, according to a new report

Analysts say open borders and increased migration have driven demand for real estate – and increases in rental prices.

ABC News · Apr 5, 2023

As the rental market tightens, young people are facing greater barriers to find share housing

Younger people looking for share housing are struggling to compete against rising rents and record-low vacancy rates in a heated rental market.

ABC News · Mar 2, 2023

Housing crisis has become 'truly national', councils and housing groups say, as they call for $400m funding injection

Councils and housing groups say the coming budget should include a $400 million boost to Commonwealth funding for housing, arguing more Australians than ever are living in cars, caravans and tents.

ABC News · Feb 23, 2023