Perth renters hit ‘affordability ceiling’ as prices hit record highs
Perth renters are facing record prices, with the median house rental now at $750 per week, up $50 from last year. The market is the third most expensive in Australia, and rents have only increased by 0.4 percent over the June quarter, indicating a slowing rise in rental prices. Experts suggest tenants are reaching an affordability ceiling.
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Published 08 Jul 2026, 17:00 UTC · Updated 08 Jul 2026, 17:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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