The cost of renting in many parts of Queensland continues to rise according to the Rental Affordability Index.
The report reveals Brisbane has seen a massive decline in affordability, with one year’s decline in rental affordability wiping out four years of improvement in Brisbane.
A similar trend is evident from Maroochydore to Noosa, which are now unaffordable or severely unaffordable.
The report also provides an indication of the impact of COVID-19, measuring rental affordability for households.
Many postcodes in inner to middle Brisbane remain moderately unaffordable to unaffordable and areas to the North West, around Samford Valley, continue to be among the most unaffordable in Queensland.
The Executive Officer at National Shelter said the Rental Affordability Index is considering calling for rent control to combat unaffordable rents for low income households.