Domain's rental report for the last quarter of 2020 indicates rents are at their lowest point since 2014, led by unit price falls in Sydney and Melbourne.
Australia might be tipped for a faster than expected economic recovery from the coronavirus, but that doesn’t mean everyone is going to have a good time. Many Australians who rent could be looking at a harsh new year.
A survey released today revealed 40% of tenants did not have enough money for essentials after paying rent, while half are struggling with their mental health.
The Queensland Government's decision not to extend moratoriums on rental evictions has been criticised by various tenant and social groups across the state.