CoreLogic says units are now the only option for many tenants but supply is limited, forcing up rents
Get our morning and afternoon news emails, free app or daily news podcast
Renting a house in Australia costs just $39 more a week than renting a unit, compared to a difference of $64 a year ago, new research shows.
Kaytlin Ezzy, an economist at property data firm CoreLogic, said Australians have been increasingly turning to units amid sky-rocketing rents. This has caused the rental price gap between houses and units to shrink as demand for units outstrips supply.
About Author
More Stories
Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax
‘People are so polite’: the Ukrainian refugee bonding with the British over borscht and chips
‘You dream about such things’: Brit who discovered missing pharaoh’s tomb may have unearthed another