Rent has increased by 36% nationally since Covid, CoreLogic finds, which equates to an extra $171 a week on average
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Even Australians on median incomes are in rental stress, a new report has found, with households on middle incomes spending 33% of their wages on housing.
Last year saw the smallest annual rental increase since 2021, going up 4.8% over the year – down from 8.1% in 2023, CoreLogic’s report found.