Victorian Rental Affordability Snapshot 2024
Affordable housing remains out of reach for many
Anglicare Victoria’s 2024 Rental Affordability Snapshot shows the most vulnerable in our society continue to be left behind in a tight housing market as finding a suitable and affordable rental remains out of reach for students, job seekers, and those living with a disability.
In 2024, availability improved in some regional areas for some household types but worsened in Melbourne. However, median rents increased substantially across the state and, at the same time, the cost of essential goods and services skyrocketed, meaning many singles, couples and families have been forced to make impossible choices to keep a roof over their heads.