Australia’s rental crisis has worsened to a point where it could now be MORE EXPENSIVE to rent a house in 2022 than it is to BUY one! In some suburbs across the country, rents have increased over 55% year on year – which is one of the biggest rental increases we have EVER seen in Australian rental history. But, what is to blame? Experts have pointed to the chronic shortage of available properties and continued rate rises, but what’s the TRUTH?
In this video, we’ll uncover this prediction and answer the following questions:
🤷 Is it cheaper to buy than rent in your suburb?
📈 How will interest rates affect the Australian property market?
🔥 Is there an Australian Rental Crisis?
👎 Why are renters finding it increasingly difficult to secure a place to live?
💹 How do vacancy rates affect the Rental and Property market?
🛠️ Is the building industry to blame for the Rental crisis?
🤔 What do Low Vacancy Rates mean?
🛋️. How have Airbnb rentals affected the rental market?]
🛑 Why should we never listen to the mainstream media? ✋ Why you should BEWARE in 2022?
⏮️ What happened during Australia’s last Rental Crisis?
🏚️ Where will property prices be in 12 months?
👌 Is NOW a good time to buy a home in 2022?
💥 Is a property boom still on the cards?
🏘️ Will property prices increase in 2022?
🏡 What next for the Australian property market?
🚀 What should you do in 2022?
Want to know more? Contact us here 👉
Despite skyrocketing property prices over the past few years, there are still many suburbs across Australia where it’s cheaper to buy a home than rent one. In fact, the median asking rent for houses on the Gold Coast has jumped to $754 a week as, at the week of May 20, compared with $663 in Sydney, the SQM Research data shows.
However, renters shouldn’t worry! Here’s are the REAL STATS state by state:
🏴 In QLD, 51% of all dwellings are cheaper to buy than rent.
🏴 In South Australia, 34% of dwellings.
🏴 In TAS, it’s 29% of homes.
🏴 In NT, the number is 98%.
🏴 In ACT, it’s 29%.
🏴 In WA, 62% of properties are cheaper.
🏴 In NSW, it’s as little as 9%
🏴 In VIC, it’s only 7%
Here’s what we learnt:
00:00 Where is it cheaper to buy a property?
00:21. What is happening in AUS rental market
01:00 As mortgage rates increase, rents will continue to RISE!
01:22 Are builders to blame?
02:05 Here’s what we know: Residential Vacancy Rates Explained!
03:00 Why is it taking so long to FIND and RENT a property? Supply vs Demand.
03:56 Rental increases by 55%? How and Why Mortgage Stress is a LIE!
05:40 What are the factors driving this RENTAL CRISS?
06:48 What is the good news for home buyers?
07:34 How have Airbnb affected the property market?
08:25 Where is it cheaper to buy a property rather than rent?
09:22 Should I buy a home in 2022?
10:00 Why do you need to contact your broker today!
For more information, contact us today 👉
⏰ MUST WATCH VIDEOS & ARTICLES 👇
➡️ The suburbs across Australia where it’s cheaper to buy a home than rent one 👉
➡️ Residential Vacancy Rates 👉
➡️ Rental Crisis Deepens 👉
➡️ Rental Crisis To Persist 👉
For more information, contact us today 👉
Find Jayden here:
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T: 1300 088 065
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Full Disclaimer here –
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Sorry mate , I need to just up the rent… because I'm greedy
It’s massive manipulation to get people to either take a mortgage they can’t afford or pay more for rent. Either way your screwed. I’m losing count at how many homeless people I keep seeing sleeping in their cars. This country should be ashamed of their greed. Boomers you have a lot to answer for the next generations who can’t even have a roof over their heads.
I’ll go live i a caravan again was the best time! 600 a month including bills 50m from the beach.
south east queensland here, I'm a single mum of one and i have been couch surfing for over 8 months now trying to get a rental.
Excellent video 👌 thanks for sharing
Here in regional NSW house prices for rentals are the same as Sydney. The property I have rented for 7 yrs has just been sold to people in Sydney who are turning it into their holiday house. So many are homeless due to people doing this.
Wait 6 months and buy for 1/2 the price, beware tho of the rising rates, might be better to rent