Queensland housing stress named the worst in the country as QCOSS reveals dire strain on Australia’s housing

Queensland has been revealed to have the worst housing stress of any state in the country, with an economist warning renters and first home buyers of the “sharp end” of a hostile housing market.

A new report from the Queensland Council of Social Services (QCOSS) has revealed house prices and rents in the Sunshine State have outpaced the rest of Australia since the start of the Covid-19 pandemic.

The research was led by University of New South Wales (UNSW) Professor Hal Pawson.

The report, titled Breaking Ground, found that prices in Brisbane had risen by 65 per cent, almost double the average for the Australian capital (34 per cent).

New rents increased sharply by 45 percent during the same time period.

As of 2020, new affordable rents for those in low-income households across the country fell from 23 percent to 10 percent.

In March of this year alone, one person on the minimum wage could afford less than one percent of all available rents.

The report found that the number of residents dependent on homeless services has increased by 34 percent over the past five years.

It also pointed out that more families are seeking these services, with some forced to live in tents, cars or motel rooms due to a lack of affordable rental housing.

Professor Pawson said the current housing situation was hitting renters and first home buyers hard.

“Given the market as it is now, renters and recent first home buyers will be at the bottom,” Professor Pawson said.

“Unfortunately, for some, the situation can mean they are pushed into homelessness.”

In response, QCOSS again called on state and federal governments to do more to tackle the problem.

The organization is calling on both political parties to commit to long-term, evidence-based plans – including increasing the supply of affordable and social housing across Queensland.

They also want a cap on rent increases and closing legal loopholes to prevent potential unfair evictions.

Domain’s figures show that advertised rental prices in the capital have risen by 10.5 percent over the past year.

As of March 2024, the average price to rent a house in Australia’s capital cities is $630 per week.

The average price to rent a unit in major cities is $620 per week. In regional parts of Australia, the average price of renting a house is $540 per week.

Read related topics:Brisbane

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