Watch

More households in rental stress despite growth rate slowing

Published 15 January 2025, 4:03 am
The pace of rental growth is now at its slowest since 2021, according to a new report, but it's still rising. Corelogic says households earning a median combined annual income of around $101, 000 are spending on average 33% of their pre-tax earnings on rent. Anything over 30% signifies rental stress. That's the most for that group since the research began in 2006.
Tags
Australia
Share

Recommended for you

02:29

Inflation falls as chances increase for February rate cut

SBS World News

02:27

ASIO warns politically motivated violence is rising

SBS World News

02:25

Explosive-laden caravan investigation ‘compromised’, police say

SBS World News

01:47

Households could save more than $3000 a year with renewable energy, analysis reveals

SBS World News

13:11
OTM - Trump interest rates (Getty).jpg

Donald Trump demands lower interest rates & Japan lifts rates to highest since 2008.

On The Money

Young children and a woman in a hijab stand around a wheelchair with boxes on it.

A risk of 'jeopardising peace'? How Israel's UNRWA ban could impact Palestinians

hamas-israel war

A aerial view of houses.

State-by-state: These are the suburbs where home prices have had the biggest falls

housing affordability

A woman, surrounded by armed men in uniforms, looks terrified.

Over 100 Palestinian prisoners freed after Hamas releases eight hostages in chaotic handover

hamas-israel war