When the weekly price of a rental Delvean Steadman had been living in for over a decade went up four times in two years, "it felt like the rug was pulled out" from under her.
Nationally, the median cost of rent is now sitting at $627 - a figure that's of little surprise to those who have been priced out of the market.
In Brisbane, the median price for a rental is steeper at $649 per week, and across the rest of Queensland, the price is sitting at $615.
"Why don't we matter?" the 66-year-old asked.
Across greater Queensland, the median income for people over the age of 65 is just $43,000, meaning they would need to spend a whopping 73 per cent of their income on rent.
For those aged 24 and under, the outlook isn't any better.
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1 июн 2024
