Rental Affordability Index – November 2018

Hobart Australia’s most unaffordable city for renters; Across the nation singles, pensioners and families on low incomes are struggling

Hobart has jumped further ahead of Sydney as the least affordable city to rent in Australia, the latest release of the Rental Affordability Index (RAI) has found.

Even households on average incomes in Hobart are now at risk of rental stress.

“Tasmania’s capital city is in a housing gridlock,” Ellen Witte, Partner at SGS Economics and Planning said. “Rental affordability in Hobart dived even

2019-06-25T09:55:38+00:00November 25th, 2018|Rental Affordability Index|

Rental Affordability Index – May 2018

Rents remain unaffordable in Adelaide, with problem prices spreading to more suburbs

Rents remain moderately unaffordable in Adelaide, with median households facing rents at 26% of income, according to the May Rental Affordability Index (RAI).

The RAI is a price index for housing rental markets released biannually by National Shelter, Community Sector Banking and SGS Economics & Planning. It’s an indicator of rental affordability relative to household incomes.

“The latest Rental Affordability Index shows the rental crisis continues. Financial stress, overcrowding and insecurity

2019-06-25T09:54:39+00:00May 25th, 2018|Rental Affordability Index|