A new report by national housing campaign Everybody’s Home has laid bare Australia’s worsening rental crisis. Source: News.com.au.
The Out of Reach report, released on Wednesday, reveals average weekly rents in capital cities have surged 57 per cent from $473 in 2015 to $742 in 2025.
The sharpest increases came in the past three years with a rise of 34 per cent.
Meanwhile, the proportion of social housing has plummeted to a record low of 4.1 per cent, down from 4.7 per cent in 2013.
In cities once considered affordable, the situation is even more dire.
Rents in Adelaide have jumped 81 per cent over the past 10 years, with Hobart not far behind at 76 per cent.
“This is a national crisis that is now pricing out everyday people right across the country. This report paints a clear picture of the damage that has been done, and without change it will only get worse,” Everybody’s Home spokeswoman Maiy Azize said.
“As the federal Government has walked away from providing housing, more and more people are being forced into an already strained private rental market which then pushes up rents right across the board.
“With more Australians renting than ever before and being priced out of the private housing market, the need for more low-cost rentals is essential.”
Everybody’s Home is calling on the federal Government to act decisively to set ambitious social housing targets and make proper investments to fix the crisis.
FULL STORY
Nine homes in three years: Australia’s rental crisis laid bare (By Amelia Swan, News.com.au)
