Affordable rental properties in Australian capital cities at ‘record low’

The number of properties listed for under $400 per week has halved in the last year , new data from PropTrack shows.

The report, which analysed data from listings on, found therental crisis had worsened in the past 12 months. In 2022, it said, 30.2% of all rental listings were under $400 a week. That number has nowdropped to 16.2%.

The proportion of rental properties available for under $400 per week is at its lowest level on record for all Australian capital cities except Hobart and Darwin.

In April only 11.9% of capital city rental listings were under $400 per week and in…

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Written by bourbiza mohamed

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