2024: Rental Affordability Snapshot

Australians are facing a rental market that has never been less affordable.

The 2024 Rental Affordability Snapshot surveyed rental listings across Australia and found that affordability has crashed to record lows. Out of 45,115 rental listings, we found that:

  • 289 rentals (0.6%) were affordable for a person earning a full-time minimum wage
  • 89 rentals (0.2%) were affordable for a person on the Age Pension
  • 31 rentals (0.1%) were affordable for a person on the Disability Support Pension
  • 3 rentals, (0%) all sharehouses, were affordable for a person on JobSeeker
  • 0 rentals (0%) were affordable for a person on Youth Allowance.

In response to the findings, Anglicare Australia is calling on the Government to return to directly funding and providing housing itself, instead of leaving housing to the private sector. Anglicare Australia is also calling on the Government to wind back landlord tax concessions.