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Where is Renting Most Common?

The 2016 Census data provides the opportunity to look at the areas across the nation which have had the highest proportion of rental properties.

The 2016 Census showed that 30.9% of residential properties nationally were rented.  The proportion of properties rented has been trending higher, increasing from 29.6% at the time of the 2011 Census and 27.2% at the time of the 2006 Census.  While the proportion of dwellings being rented is climbing, the proportion of properties owned without a mortgage has also been trending lower and the rate of home ownership has diminished.

Click here to read more details:
https://www.corelogic.com.au/news/where-is-renting-most-common?utm_source=Marketing&utm_medium=Email&utm_campaign=PP31JULY17

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