The rental market in Australia is tight and as rental rates continue to trend upwards it seems that those renting are looking for different ways to 
relieve the impact of rising rental costs. According to a recent survey conducted by Mortgage Choice, 51% of consumers stated that home ownership is more attractive because of rising rental costs in Australia. This is surprising given the struggle many are also facing to get onto the property ladder. So for those who will be renting in 2011, is there any relief insight?
Blog: Renting
June 22, 2011
No relief on the horizon for Australian renters
Category: Investment, Market Intelligence & Commentary, National, Renting 3 Comments
June 7, 2011
Appetite to rent in 2011
Although the 2010 rental market proved to be tight, it seems that there is no relief in the 
near future for those looking to rent. With pressure on rental prices likely to continue in 2011 and a decrease in the number of people looking to buy, the current rental market is anticipated to be even tighter than it was last year.
RealestateVIEW.com.au recently conducted its annual Consumers Property Rental Sentiment survey to investigate just how renters are feeling about the market in 2011. The survey found that those consumers in the market who are intending to rent, feel they may need to make even more sacrifices this year than they had to in 2010.
Polls
If the RBA lowered interest rates, would this give you confidence to enter the property market?
- Maybe (56%, 24 Votes)
- Yes (28%, 12 Votes)
- No (16%, 7 Votes)
Total Voters: 43
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April 26, 2012
Rental pressure not set to ease off for the rest of 2012
The notably tight rental market of 2011 left many debating whether buying was a more
affordable option than renting. As we reflect back on the past year, it is clear that rents are on the rise. Recent figures released by the Real Estate Institute of Australia indicate that overall rental pressure is not likely to ease any time soon, as the demand for rental accommodation is still strong, with the average vacancy rate remaining below the industry benchmark.
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