Perth becomes Australia’s least affordable city cover art

Perth becomes Australia’s least affordable city

Perth becomes Australia’s least affordable city

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 A recent report has highlighted the growing rental stress in Perth. Declining affordability, fierce competition for homes, and rapidly rising rents characterise the current market. Despite interest rates stabilising, rental pressure across Australia has not eased, with households in many cities spending nearly a third of their income on rent. Affordability has dropped another 4% from last year’s record low.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.