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Renters struggling with mounting cost of living | Australia’s Rental Crisis

Renters struggling with mounting cost of living | Australia's Rental Crisis

Australia is facing its tightest-ever rental market, and renters are feeling the pinch caused by rising rents coinciding with the sharp increase in living costs. But what can be done to help, and are landlords really to blame?

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More renters looking to share as rental crisis continues | Australia’s Rental Crisis

More renters looking to share as rental crisis continues | Australia's Rental Crisis

As rental vacancies in our capitals stay at historic lows, the number of people looking to share has exploded as PropTrack economist Anne Flaherty explains.

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Rents Soaring: The harsh reality for Sydney and Melbourne renters

Rents Soaring: The harsh reality for Sydney and Melbourne renters

The rental crisis continues to worsen, with unit rents now higher than pre-pandemic levels and at their all-time highest levels in Sydney and Melbourne. PropTrack Senior Economist Angus Moore dives into the data.

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Further rental crunch looms in 2023

Further rental crunch looms in 2023

With the year 2022 behind us, it’s time to look ahead to the 2023 rental market. The rise of remote work and continued uncertainty around the pandemic are expected to continue influence tenant preferences, while the ongoing supply shortage of rental properties is sure to drive prices higher in certain markets.

PropTrack’s Cameron Kusher dives into the trends we’re seeing for the coming year.

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Some renters could be closer to buying than they think

Some renters could be closer to buying than they think

The cost of renting has been rapidly increasing, pushing many tenants towards home ownership. The trend of high rental costs, combined with low interest rates, has made home buying a more appealing option for many. As a result, the number of first-time home buyers has increased and is expected to continue to rise.

The shift from renting to owning a home is also being driven by the desire for stability and long-term security, as well as the ability to build equity and create wealth. However, it’s important for potential home buyers to consider their financial capabilities, take advantage of government incentives, and research the market before making a purchase.

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Renters finding it impossible to nab a rental

Renters finding it impossible to nab a rental

Finding an available rental property in some suburbs is virtually impossible at the moment, with extremely high demand and almost unprecedented low supply.

New data from PropTrack shows the areas around Australia at the forefront of the rental crisis, where would-be tenants face intense competition and sky high prices.

Just how tight are rental markets? PropTrack economist Angus Moore explains.

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Rental Crunch: Fixing Australia’s tight rental market

Rental Crunch: Fixing Australia's tight rental market

Australians looking to rent a home at the moment will find few properties and lots of competition. So what can be done to relieve some of the pressure?

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Rental Crunch: The rent squeeze costing Aussies

Rental Crunch: The rent squeeze costing Aussies

Rents are going up and available options are scarce, but why are there so few suitable options for Aussie renters? What is the social cost of the rental squeeze?

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Rental Crunch: Understanding what’s causing Australia’s growing issue | Realestate.com.au

Rental Crunch: Understanding what's causing Australia's growing issue | Realestate.com.au

The tightening rental market is being felt across the country, with low vacancy rates, high demand and rising rents leaving many tenants feeling frustrated about the burgeoning crisis. So how did we get to this point, and what’s causing the rental crunch?

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