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The Latest Breaking News from Domain

How the pandemic triggered Australia's worst rental crisis

Advertised house rents have hit record highs in 85 per cent of suburbs profiled in exclusive new data. These maps reveal the areas facing the biggest hikes in rent since the start of the pandemic.

ABC News

The boom-bust myth: Why property prices may not fall as much as you think

Australians expecting a massive plunge in property prices to below pre-COVID levels are going to be disappointed, according to new research.

The New Daily

Australian House Prices Are Falling At Their Fastest Rate Since The GFC So WTF Does That Mean?

Congratulations, guys! Property analysts reckon house prices across Australia are falling at their fastest rate since the global financial crisis hit in 2008.But there’s a catch.Prices have really only dropped from “exorbitantly expensive” to “slightly less exorbitantly expensive”, according to new data from CoreLogic.The data showed that as at 31…

Pedestrian.tv

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Morning mail: Covid deaths in aged care, record rents, brutal and brilliant State of Origin decider

Thursday: Almost 100 aged care residents are dying from coronavirus each week. Plus: should Australians cut down on charcuterie?

The Guardian - AU

‘A landlord’s market’: rents hit record highs across Australia’s capital cities

House and unit rentals went up by 12% in the past year alone – the largest annual increase in 14 years

The Guardian - AU

Glass act: critics see right through Adelaide rental with bathroom ‘cube’ built next to kitchen

A North Adelaide studio apartment has been ridiculed online, with some likening it to ‘your first custom house in the Sims’

The Guardian - AU

Sydney has become a landlords' market and desperate renters are paying the price

Long searches, skyrocketing prices and diminishing quality. Sydney's housing market is cutthroat, and desperate renters are paying the price.

ABC News

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What the median rental price can actually get you in Australia’s capital cities — and how it compares to other countries

The median rental price for a house across Australia's capital cities hit a new record high in the first three months of this year. But it's not just Australian's bearing the brunt of soaring rental costs.

ABC News

Rent Across Australia Is At Record Highs So Brb, Seasoning My Avo Toast With My Tears

You might want to step out onto the balcony for a breather because we’re about to get higher than we’ve ever been before. And no, I’m not talking about a nice kind of high. I’m talking about record-high rent prices across most of Australia. You hate to see it. It…

Pedestrian.tv

Home On The (Out Of My Price) Range: This Report Says It’ll Take 16 Years To Save For A House

No avocado toasts for the next 16 years, mates.

Pedestrian.tv

Couples take eight years to buy first home

Some Australian couples are taking up to eight years to buy their first home as the rising cost of living and stagnant wages make the task harder.

AAP

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