Recent survey shows severe rental crisis as prices surge $3,600 more than last year.

It's been officially confirmed - Australian renters are facing a tougher Christmas this year compared to the last. While many of us don't need a survey to tell us how expensive it is to live, recent research has uncovered a shocking truth - annual rents have skyrocketed by as much as $3,600 since last year.

The data was collected by Everybody's Home, who analyzed the weekly asking rent data from SQM Research. It revealed that from December 2023 to December 2024, rents in Australian capitals have risen significantly. On average, renters in major cities are now paying an extra $1,593 a year for a house and $1,084 for a unit. This means that for many, the cost of renting has become nearly unattainable.

Adelaide renters living in units have been hit the hardest, with a staggering increase of $3,634 this year. Close behind are Perth house renters, who are now paying an additional $2,985. Even in Sydney, where rents are notoriously high, the rise has been significant - $398 for units and $1107 for houses. It's a similar story in Melbourne, where apartment renters are now forking out an extra $1234 and house renters are paying $1716 more.

Brisbane has also seen a sharp increase, with $1234 more for units and $1280 more for houses. The only city with slightly lower costs is Canberra, where unit dwellers are only paying an extra $29, while house renters are facing a rise of $2567.

This trend is concerning, and Everybody's Home is calling for action. Spokeswoman Maiy Azize stated, "Australians are struggling to keep up with the ever-increasing rents. Paying hundreds or thousands of dollars more in rent every year only adds to the already unaffordable burden." She urges all parties and candidates running in next year's election to prioritize making renting a viable and affordable housing option for all Australians.

In the midst of this worrying news, another issue looms on the horizon. As the Boxing Day cricket match at the MCG approaches, temperatures are set to reach a scorching 40 degrees. And as communities in Victoria remain under threat due to catastrophic conditions, it's clear that urgent action is needed to address the rising cost of living and ensure the safety and well-being of all Australians.

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