But the return of international students has sent prices back to pre-pandemic rates, and in some cases, even higher.Sunshine Coast father Chris Foster was stunned when his 18-year-old daughter received notice of a rent increase for her room in a six-person apartment in Brisbane.
"So I think we can say pretty safely that Brisbane will be having very few, if any, student accommodation beds vacant."Providers have attributed rising rents to inflation and increased operating costs. "You've got to charge a fair price for a fair product, but you also have to survive through the whole thing," he said.
"By the end of last year, we were probably just about back to where we would have been in 2019 – our rates here are only $10 more than what they were three years ago," he said.Rental market just as tough
And more people keep dropping dead. This happened 9 hours ago. And Australia is experiencing a 25% all cause mortality increase so far this year. Ireland is experiencing a 41% increase UK and extra 3000+ a week. You are complicit in this
they all r charged FOR PROFIT RENTS, and over charge students for costs not associated with the actual cost of the course.
greedy 'non profit unis' like church schools these fake non profite are in fact FOR PROFITS, their isnt anything charity they do,murdoch uni charges all departments weekly rents the vet shop, the chiropratic clinic shop ect.they all r charged FOR PROFIT RENTS, and over charge st
Iglu’s Melbourne City Campus went from $375 a week last year to $465 this year. There is no way the average family (like mine) can afford it anymore.
lilynothling Just like the Australian gas industry has become addicted to LNG exports, universities are now addicted to export their services by importing students, many of whom have come here to buy properties for their parents andrewjgiles This must stop to stabilize market
big fees for unis and fat profit for students housing companies registered in Cayman island
Labor is planning to exacerbate the problem as much as they can via increasing mass immigration. We are in for a lot more pain ahead.
This inflation will kill Australian economy in 2023 …
Only ScottMorrisonMP responsible for this situation .!! His govt choose short cut to deal in covid situation by giving $45000 grant and all time low interest rate boost short term economy ..Now all Australian suffers all time high inflation.!! Costly house , costly food..!!
You can blame the CCP.
Yep we keep letting in more and more international students. Our cities need a break from this relentless onslaught!
Forget about university. Learn a trade.
It's unfortunate to see the increase in student accommodation prices. I hope universities and governments can take steps to make housing more affordable for students. They deserve access to safe and affordable places to live while they pursue their education. — tweetGPT