SBS News In Depth
Australia's 'most liveable' city is now the cheapest to rent houses artwork

Australia's 'most liveable' city is now the cheapest to rent houses

SBS News In Depth
07:36
Play episode

Show notes

The housing crisis has seen people finding it increasingly hard to rent or buy a house in Australia's capital cities. But while most of the country has seen prices going up there's one place where prices have gone down - and that's Melbourne, where rental prices have gone down almost two percent year on year. SBS's Cameron Carr spoke to Dr Nicola Powell from Domain, to find out what's driving down prices.

More from this show

More
  1. What property buyers and vendors need to know this spring selling season

    Australia’s property downturn is gathering pace just as the busy spring selling season begins. Cotality Head of Research Tim Lawless explains what falling prices mean for buyers an…

    11:37
  2. Have we misunderstood the Tasmanian tiger?

    New research has revealed that the thylacine, or the Tassie tiger was unlike any living mammal today. SBS reporter Yasmine Alwakal speaks to Vera Weisbecker, a professor of Evoluti…

    06:49
  3. Will claims of foreign interference overshadow climate action at the Pacific summit?

    After promising "consequences" for Taiwan's presence at the Pacific Islands Forum, China is denying comments by a senior diplomat are a threat - and that it has engaged in foreign…

    05:11
  4. Lose a day or lose their lives: The Nepali principal who saved 900 children with little warning

    Rescue and recovery efforts continue in Nepal, where one teacher is being praised for a snap decision that saved hundreds of students' lives. As the death toll and list of missing…

    06:35
  5. Are we alone in the universe? We might just be one step closer to finding out

    Are we alone in the universe? It's one of humanity's most pressing questions. NASA now believes it's a step closer to answering that very question with the launch of a new telescop…

    05:11
  6. Investors react to the Fed's Warsh on inflation commentary

    SBS Finance Editor Ricardo Gonçalves speaks with Piers Bolger from Infinity Asset Management about the day's market action including how investors reacted to Kevin Warsh's speech a…

    09:25
Now Playing
Australia's 'most liveable' city is now the cheapest to rent houses — SBS News In Depth | Josplay Music