Study sheds light on Oz’s rental markets

By Michael Mata | 09 Mar 2018

Australia’s average renter this year is female, aged 34, earns around $66K annually, and sends approximately five property enquiries to secure a home, according to a new study by

When it comes to the distribution of renters, NSW now has the highest proportion of renters (30.8%), followed by Queensland (26.4%). The lowest percentage of renters can be found in Tasmania (1.6%) and the Australian Capital Territory (0.9%).

As for income, employed renters earn an average of $73,761 a year, higher than any other employment bracket in Australia and well above the average Australian salary ($66,653).

Renters in the Northern Territory have, on average, the highest income of all the states and territories (approximately $72K annually), while Tasmanian renters have the lowest income on average (around $45K).

The majority of renters are employed (68.4%), while renters in-between jobs account for 21.9%.

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