Media Release: Perth Rental Affordability Stabilises but Singles on Newstart and Pensioners are Still Struggling; Affordability in Regional WA has Plateaued
Rental affordability in Perth has stabilised but rents are not affordable across the board and renting in Perth remains unaffordable for lower-income households, including those on Newstart, the latest release of the Rental Affordability Index (RAI) reveals.
With a score of 143, rental affordability in Greater Perth has remained stable. The median rental household in Greater Perth faces rents costing about 21 per cent of their total income. While this is considered acceptable, rental property remains much less affordable for lower-income