Daily Archives: 29/06/2010

Melbourne's rental properties are some of the most affordable in Australia

According to the Real Estate Institute of Australia’s March Housing Affordability Report, Victorian rental houses and apartments are more affordable than most.  The affordability of rents is determined by comparing the proportion of family income needed to meet median rental payments. In this year’s March quarter, 22.6 per cent of the average family income was required to meet the cost ...

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