Sydney still critically unaffordable for large proportion of renters
Media
The cost of renting in Sydney has improved but many tenants still struggle to make ends meet, new analysis shows. A biannual report on rental stress reveals a marginal improvement in affordability, but the gains have made little difference for low-income households. The average rental household in Greater Sydney put 27 per cent of their income towards rent in the June quarter, the latest Rental Affordability Index, by National Shelter, Community Sector Banking, SGS Economics & Planning and the Brotherhood of St Laurence, released on Thursday shows.