Victorian rental affordability crisis
The rental affordability situation in regional Victoria has reached crisis point, with Melbourne residents relocating after the COVID-19 lockdown.
The snapshot analysed 33,710 Victorian rental listings from 27 March 2021, finding that less than half the number of rental properties were available in regional Victoria compared to the same time last year. Fewer than 10 per cent of these were suitable for any type of low income household without putting them into housing stress.
