Renters paying 50% more a week in rent since 2006 with increase in proportion of households experiencing rental stress: ABS census 2011

Median rental payments have risen by $95 per week between 2006 and 2011, according to 2011 census data released today by the ABS.

The represents a 50% increase over the five-year period.

Median national weekly rent is now $285 per week, compared with $190 in 2006.

The 2011 census also found that the proportion of households with rent payments greater than 30% of household income – the common definition of rental stress – rose slightly from 9.3% to 10.4%. 

Rent weekly payments

Australia

%

2006

%

Toorak property

285

--

190

--

 

Households with rent payments less than 30% of household income

--

89.6

--

90.7

Households with rent payments greater than 30% of household income

--

10.4

--

9.3

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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