New rental figures show 39 per cent of properties affordable for middle-income earners

Figures released by PropTrack show only 39 per-cent of properties qualified as affordable for middle-income households. The data was tracked between July and December in 2023 and compared to the same period three years earlier. Just three per cent of all available rental properties nationwide were classed as affordable for households on incomes of $67,000. New South Wales has been named the worst state when it comes to affordable rentals. Experts believe rising immigration is making the housing situation worse.