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
EU accuses China’s AliExpress of ‘systemic failure’ over illegal goods
Female baboons with strong relationship to fathers found to live longer
Israeli forces kill or injure 11 Palestinians awaiting food trucks, say Gaza officials