Krissy tried to negotiate her rent increase lower, then the agent asked for more money lolita, 06/08/2025 Tenants have the option to fight an excessive rental increase in the NSW Civil and Administrative Tribunal. NSW Tenants’ Union chief executive Leo Patterson Ross said very few did so as the process was not conducive to renters in need of a quick resolution. Loading Several economists have warned rent caps would stymie the development of new rental properties, but Patterson Ross has urged a more nuanced debate. He said legislation against excessive rent increases, similar to the ACT where rents are capped at the rate of inflation for Canberra rentals, plus 10 per cent, could be one part of a broader strategy of ongoing construction to increase supply and address the chronic shortage of housing in NSW. Patterson Ross said waiting for supply to increase, a long-term solution, wouldn’t help renters like Kristina today. He urged better regulation around housing, similar to water and electricity, viewing it as an essential service, not an investment. NSW rental commissioner Trina Jones said: “There are already rules in place to prevent ‘excessive’ rent increases through the NSW Civil and Administrative Tribunal, considering factors such as average prices, location or the type of property. In the case of a 50 per rent increase, … Continue Reading
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
Median Gold Coast rental prices soar to $850 a week for a house, $680 a week for a unit lolita, 08/04/2025 Renting on the Gold Coast is so expensive that tenants are sharing properties with as many people as they can make ends meet. Key points: Gold Coast tenants are living with up to five housemates to afford rent The median cost of a unit on the Gold Coast has risen to $680 a week In 2022, 25,715 interstate arrivals moved to the Gold Coast Among them is disability support worker Lillian Reed, who moved to the Gold Coast – Queensland’s most expensive place to rent – two years ago. “I live with four other people, so five people in a four-bedroom house,” she said. “It’s just so much more expensive here and there’s obviously a lot more competition, so it’s tough.” The 24-year-old initially planned to live in a beachside suburb but couldn’t afford it, so she moved into the smallest and cheapest room in her Varsity Lakes home. Lillian Reed is living with four other people so that she can afford to live on the Gold Coast.(Supplied: Lillian Reed) “I need to be working six days a week [to afford it] and our rent has increased by $110 in the past year, so it just keeps … Continue Reading