Community & Business
31 March, 2026
Rental Affordability at Record Low
Rental affordability in Queensland has deteriorated over the last 12 months to its worst level on record, according to a realestate.com.au report released last week.
It’s no secret that rents have been skyrocketing.
But a new realestate.com.au report has shone a light on just how much.
One of the key findings from the report finds that a median-income household in Queensland earning $123,000 per year, could afford to rent just 29% of rentals advertised on realestate.com.au between July and December 2025.
This decline in rental affordability is driven by growing rents outpacing income growth.
Since the start of 2020, weekly median advertised rents on realestate.com.au in Brisbane and regional Queensland have increased by $270 and $280, respectively.
Despite this growth, pace has slowed since the 2021 increase of 10%, a staggering 20% in 2022 and then a further 10% and 5% in 2023 and 2024, respectively.
The full report can be found at realestate.com.au
