50 per cent reduction in affordable rental listings reported in Australia’s capital cities | Englishheadline


All of Australia’s capital cities excluding Hobart and Darwin have reported a 50 per cent reduction in rental listings under $400, according to data from Prop Track.

Soaring migration is placing extra strain on all major centres as well as rural markets.

Experts warn affordable rentals will continue to decline unless more supply of homes is unlocked.

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