‘Keeps Me up at Night’: Generational Rupture Laid Bare
Renter households are devoting about a third of income to housing as rental growth accelerates and real wages fall, Cotality said.
7 Articles
7 Articles
Young Australians feel the pinch as costs rise, incomes down
Photo: Getty Images The typical Australian renter is spending a record share of income to keep a roof over their head as younger generations find themselves squeezed between rising rents and falling wages.
Renters Spend Record One-Third of Income on Housing: Report
The typical Australian renter is now spending about one third of their household income to keep a roof over their head as affordability reaches new lows. Annual growth in rental prices accelerated to 5.9 percent in the June quarter, up from a low of 3.4 percent in mid-2025, a report by data analysis firm Cotality revealed on July 9. Nationally, the median rental climbed to a record $705 (US$489) a week, even as quarterly growth eased to 1.6 perc…
With housing affordability hitting new lows, the typical Australian renter now has to spend about a third of their household income on rent. (Shutterstock)
Fastest rent hikes in Australia show why Victoria needs rent caps – saving renters $15,590 by 2030 – 16 News
Melbourne renters are being slugged with the fastest rent increases in the country, with new figures showing the city’s median weekly rent jumped by more than $20 (3.5 per cent) to $600 in the June quarter. The Victorian Greens say today’s figures are proof that Labor has failed to protect renters from unlimited rent hikes, with landlords continuing to jack up rents simply because they can. Independent modelling by the Parliamentary Budget Offic…
‘Keeps me up at night’: generational rupture laid bare
The typical Australian renter is spending a record share of income to keep a roof over their head as younger generations find themselves squeezed between rising rents and falling wages. Annual growth in rental prices accelerated to 5.9 per cent in the June quarter, up from a low of 3.4 per cent in mid-2025, a report by data firm Cotality revealed on Thursday. Meanwhile, real income growth has stalled as a result of high inflation and low product…
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