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[BUSINESS] · Australia · 3 sources

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Australian rental stress expands to middle-income earners

The Priced Out 2026 report by Everybody’s Home reveals a growing rental crisis in Australia, showing that rental stress is expanding beyond low-income earners to include professionals and those on six-figure salaries.

In the Gold Coast, the rent burden is the second highest in the country, trailing only Northern Western Australia. In this region, median rent exceeds 30% of income across all tested salary levels. Similarly, in Wollongong, renters earning $40,000 spend 94% of their income on rent, while those earning $70,000 spend 59%.

The report highlights that middle-income earners in most areas are losing more than a third of their income to housing costs. This trend is impacting essential workers and trainees, reducing available funds for necessities such as groceries, healthcare, and childcare.

Entities

Australia · Everybody’s Home · Gold Coast · Maiy Azize · Wollongong

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Gold Coast rent burden ranks second [www.thegcminute.com.au]
18 days ago
18 days ago