According to new research conducted by rent.com.au, it’s anticipated that Australia’s average renter this year is a 34 year old female earning approximately $66,000 p.a. and processes approximately five inquiries to sourcing a home. The property type and areas were not a collected in this study.
Research also confirmed that 68.4% of tenants were employed, while 21.9% were in-between jobs.
In reviewing the states, New South Wales retained the highest rental market with 30.8% of occupancy with Queensland relatively close after at 26.4%. The lowest percentage of renters remained in both Tasmania and Australian Capital Territory at 1.6% and 0.9% respectively.
A strong highlight indicated that employed renters earn an average of $73,761 p.a.r, higher than the average Australian salary $66,653. Northern Territory has the highest average income in Australia, with approximately $72,000 p.a., while Tasmanian retained the lowest average income of approximately $45,000.
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Mar 2018