The suburbs where rentals are as rare as hen’s teeth – and where renters actually have options lolita, 02/08/2025 Only a tiny fraction of properties are available for rent in some popular Australian suburbs, with strong competition between tenants making it extremely difficult to find a home. High demand for a limited number of properties has put further pressure on rental prices in these suburbs, exacerbating the rental crisis as tenants fork out more money to find somewhere to live. But there are signs conditions may be easing in many parts of the country, with higher vacancies in some regional areas and suburbs on the fringes of the capital. While sought-after inner cities and coastal suburbs are among Australia’s tightest rental markets, conditions have eased in other areas, according to the latest PropTrack data, giving renters more options in a challenging market. Lingering effects of the pandemic have caused extreme tightness in many popular rental markets, especially in the inner suburbs of the capital, according to PropTrack senior economist Eleanor Creagh. “Since 2021, rental market conditions have tightened considerably in inner city suburbs that were hit hardest by the pandemic, spurred by smaller households, cities springing back to life and the surge in net migration and student arrivals,” he said. “This is particularly the case in Sydney, Melbourne and … Continue Reading