
finding a place is getting harder as advertised prices swallow an extra $11,200 of your annual income.
national rental vacancies dropped to 1.5% in may, matching record lows and pushing advertised rents up a total of 51% since late 2019.
The number of available rentals across Australia just hit a historic low, matching the floor we saw in 2022. Because there are so few keys being handed over, landlords hiked advertised prices by nearly six per cent in the last year. It is a supply squeeze that has been building for years, widening the gap between what people earn and what they owe.
For most people our age, the dream of living solo is getting priced out. More people are staying in share houses longer or moving home because they have hit a ceiling on what they can pay. This is a direct hit to the money you'd otherwise be using to build your own future.









