Cost Of Rent Through The Roof

29 November 2021

Renters in our community are paying around $1,153 more this year to keep a roof over their head, making it harder and harder to get by when wages have flatlined and petrol prices have skyrocketed.

JIM CHALMERS MP
SHADOW TREASURER
MEMBER FOR RANKIN

 

COST OF RENT THROUGH THE ROOF

 

Renters in our community are paying around $1,153 more this year to keep a roof over their head, making it harder and harder to get by when wages have flatlined and petrol prices have skyrocketed.

After almost a decade of this LNP Government, housing affordability has only got worse, especially for families, students, pensioners, and young people who rent in our community. 

SUBURB

MEDIAN RENT

ANNUAL INCREASE

Springwood

$440

10.8%

Rochedale South

$468

8.7%

Marsden

$380

8.6%

Drewvale

$488

8.3%

Shailer Park

$485

7.8%

Algester

$450

7.1%

Logan Central

$330

6.5%

Kingston

$350

6.1%

Slacks Creek

$350

6.1%

Calamvale

$440

6.0%

Loganlea

$360

5.9%

Crestmead

$370

5.7%

Hillcrest

$370

5.7%

Stretton

$610

5.2%

Regents Park

$400

5.3%

Heritage Park

$423

5.6%

Daisy Hill

$450

3.4%

Woodridge

$310

3.3%

Meadowbrook

$423

3.0%

Browns Plains

$360

2.9%

Berrinba

$430

2.4%

Underwood

$450

2.3%

Parkinson

$480

2.1%

Source: Domain Rental Report, September 2021

 

Scott Morrison likes to pretend this is not a problem, and that proves how out of touch he really is.

This is the biggest cost that thousands of people in our community pay each week and they are struggling to keep up. 

From childcare and petrol to out of pocket health costs and rent, families in our community know that it’s harder to get ahead under the Morrison Government. 

Labor has a real plan to make sure Australia builds back from this pandemic stronger, more self-reliant, more inclusive. 

Our priority is to get wages growing again so that working families can meet the rising costs of living.

An Albanese Labor Government will establish the Housing Australia Future Fund which will build 30,000 social and affordable homes across the country. 

Over the first five years, it will build:

  • 20,000new social housing properties, including 4,000 homes for women and children fleeing domestic and family violence and older women on low incomes who are at risk of homelessness; and  
  • 10,000affordable homes for the heroes of the pandemic – frontline workers like police, nurses and cleaners that kept us safe in the covid pandemic. 

MONDAY, 29 NOVEMBER 2021