Australia's Rental Crisis Engulfs Six-Figure Earners
New report reveals even $100,000 salaries fall short of affording rent in major cities, with calls for urgent federal action on housing.
- The 2025 Priced Out report shows Australians earning $100,000 annually face rental stress in all capital cities, with rents exceeding 30% of their income.
- A single renter now needs an annual income of $130,000 to afford average rent without surpassing the rental stress threshold.
- Sydney renters earning $100,000 spend an average of 48% of their income on rent, the highest among Australian capital cities.
- Low-income earners on $40,000 annually are in extreme rental stress, with rents in some areas exceeding 100% of their income.
- Housing advocates urge the federal government to increase social housing investment, as Labor's plan to build 55,000 homes over five years is criticized as insufficient.