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‘Angry and bitter’: Sydney tenants ‘trapped’ as rents hit record highs

Summary by Sydney Morning Herald

Sydney rents have soared in unexpected regions as renters flock to more far-flung and affordable neighbourhoods.

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The Courier

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Ballarat rent prices hit record high, nearing 'affordability ceiling'

Ballarat's median rent soars to $442 weekly with vacancy under 2%. Demand fuels increase across houses and units.

1 day ago·Ballarat City, Australia

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SBS News

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'Still a landlord's market': Rental prices at record high in all Australian capital cities

While price growth has slowed, vacancy rates remain low and many tenants have been priced out of the market.

1 day ago·Sydney, Australia

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9News

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Heat maps show the least affordable electorates for renters in Australia

A single person working full-time on minimum wage has been priced out of all but 0.6 percent of rental prop...

2 days ago·Australia

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The Epoch Times

Right

Record-High Rents Persist Despite Slowdown in Price Growth

Rental price growth may be its slowest in years but low vacancies and lack of new supply mean landlords retain the upper hand. Rents remain at record highs in every capital city despite the slowdown in price growth, Domain found in its March-quarter rent report on April 3. Combined capital-city house rents rose 3.2 percent over the year, the weakest annual rate in four years. Unit rents grew at a slightly higher rate, coming off a lower base yet…

2 days ago·New York, United States

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