Rental squeeze intensifies: Perth now Australia’s least affordable city
Despite interest rates stabilising, rental stress remains unchanged across Australia. In many capital cities, households are still handing over almost a third of their income just to keep a roof over their heads. And once again, Perth has it the worst. The nation’s least affordable capital has slipped even further — recording another four per cent drop in affordability on top of last year’s record low.
SBS News In Depth · SBS Audio
November 25, 20255m 8s
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Show Notes
Despite interest rates stabilising, rental stress remains unchanged across Australia. In many capital cities, households are still handing over almost a third of their income just to keep a roof over their heads. And once again, Perth has it the worst. The nation’s least affordable capital has slipped even further — recording another four per cent drop in affordability on top of last year’s record low.