Media Release: Sydney Rental Affordability Improves but Low-Income Households are Still Struggling; People on Newstart Being Forced out of the City
Rental affordability across Sydney has marginally improved in the past year, bumping the NSW capital to the third least affordable city in Australia behind Hobart and Adelaide. However, people on low to median incomes, including Newstart, are still struggling to pay their rent.
The latest release of the Rental Affordability Index (RAI) has found Sydney remains critically unaffordable to significant proportions of the renting population, especially very low and low-income households.
Unaffordability for very low-income households is most severe in Sydney compared