Rental Affordability Index for Australia

National Shelter, Community Sector Bank and SGS Economics and Planning have partnered to launch Australia's first Rental Affordability Index.

The Index reveals the depth and extremity of housing stress faced by renters in the current market. Both low income and moderate income households suffer poverty due to high rental costs.

Housing stress occurs when households pay 30% or more on rent. Low income households are having to pay around 65% of income on rent to access a tenancy. This means that rents are extremely unaffordable. 

This first issue of the Index reveals evidence that low income households are in a dire situation, single income households are worst off and rent costs are now locking low and moderate income households out of inner cities. 

To read the media release click here.

To see the full report click here.

For more analysis from SGS Economics and Planning, who did the research, click here.

For interactive maps, click here

To check out some of the wonderful media coverage, click here.

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This paper is part of a partership between Queenslanders with Disability Network, Griffith University and National Shelter.

The project’s overall objective is to develop a position statement on housing and housing assistance that facilitates the independence,...

30 November 2015

 

The 24 November 2015 release of National Shelter and Community Sector Bank’s Rental Affordability Index, powered by SGS Economics and Planning, make a real splash in the news. Below are links to just some of the stories. 

Studio 10 (Ch 10 morning show)...

23 November 2015

 

Australia’s first ever Rental Affordability Index reveals the depth and extremity of housing stress faced by renters in the current market. Both low income and moderate income households suffer poverty due to high rental costs. 

Housing stress occurs when households pay 30% of...