Rental affordability improved during the June 2019 quarter to the lowest proportion of income required to meet rent payments since June 2008, according to research from the Real Estate Institute of Australia.
Affordability improves, allowing first-home buyers into the market
The proportion of median family income required to meet average loan repayments declined during the September quarter across all states and territories, according to the September quarter edition of the Adelaide Bank/REIA Housing Affordability Report.