Rental Properties

Rental Crisis Deepens: Only 11% of Listings Affordable Nationwide

Securing an affordable rental in Australia has become an increasingly challenging feat, with a nearly 50% decrease in the number of properties listed for $400 or less per week compared to the previous year. This scarcity is exacerbated by a 15% rise in the national median weekly rent, climbing from $480 to $550, leading to …

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Inflation Eases, RBA Nears End of Rate Hikes: A Silver Lining for Renters

As inflation approaches its post-peak phase, the Reserve Bank of Australia (RBA) is edging closer to concluding its series of rate hikes. This development could bring some positive prospects for renters, given the historical relationship between rent values and fluctuations in the cash rate. Typically, rent values tend to closely align with movements in the …

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