Perth becomes Australia’s least affordable city
A recent report has highlighted the growing rental stress in Perth. Declining affordability, fierce competition for homes, and rapidly rising rents characterise the current market. Despite interest rates stabilising, rental pressure across Australia has not eased, with households in many cities spending nearly a third of their income on rent. Affordability has dropped another 4% from last year’s record low.
SBS Hindi · SBS Audio
November 27, 20257m 48s
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Show Notes
A recent report has highlighted the growing rental stress in Perth. Declining affordability, fierce competition for homes, and rapidly rising rents characterise the current market. Despite interest rates stabilising, rental pressure across Australia has not eased, with households in many cities spending nearly a third of their income on rent. Affordability has dropped another 4% from last year’s record low.