Rental growth re-accelerates amid tightest vacancy rate on record
Rental growth re-accelerates amid tightest vacancy rate on record
The median weekly rental value across Australia’s combined capital cities is now $702 per week.
By comparison, regional rents remain somewhat more affordable, holding below the $600 mark, with the typical regional dwelling renting for $591 per week.
Limited supply continues to be a major catalyst in rising rents, with the number of rental listings tracking approximately 25% below the previous five-year average nationally for this time of year.
The above Source: Cotality
The above data from Cotality shows the terrible imbalance in the Australian society, with our most vulnerable at risk due to properties being unfairly proportioned for investments and the intentional delay in DA approvals Australia wide.
Australian’s human rights should be prominent, while focusing on maintaining a roof over our citizens heads as a fundamental right, instead of grinding our working class, and financially challenged into the gutter.
Things need to change, starting with the duopoly of the “Labor & Liberal” parties’ separation from their subservience to the Lobbyists and big corporations, fossil fuel conglomerates, & Zionist Israeli influence who are all obviously controlling Australia’s leading Labor & Liberal Politicians, which has been well documented & exposed in great detail over the past 12 months in particular.
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