‘Landlord’s market’: Finding a rental in Australia is a ‘needle in a haystack’

📆 3-6-2023 06:05:00
📰 SkyNewsAust

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The rental crisis in Australia remains a “landlord’s market” as finding an empty lease in the capital cities is like looking for a needle in a haystack, says Domain Chief of Research and Economics Nicola Powell.

“When you look at our cities like Sydney and Melbourne – to get them into a balanced market we would

need to see today between 5,000 and 10,000 additional rentals being added,” Ms Powell told Sky News Australia.

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