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Average earners in Australia now spend more than half income on rent

Australia

Kathmandu, August 25

A new report shows people earning an average income in Australia’s major cities must spend more than half of it on rent.

According to a Monday report by housing advocacy group Everybody’s Home, renting a unit in any Australian capital city costs more than 50% of the national average income.

Someone earning AU$70,000 a year must spend 56% of their income on the average rent. For those earning AU$40,000, housing costs reach 89% of total income, while even those earning AU$100,000 must set aside 41% for rent.

Across all eight capital cities, an average-income worker must spend at least 51% of their earnings on the average unit rent, the report concludes.

Sydney is worse still; someone earning AU$70,000 a year must spend 69% of their income on weekly rent, the highest ratio of any major city.

According to the Australian Bureau of Statistics, the average annual salary as of August 2025 was AU$74,100.

Housing advocate Maiy Azize said the government’s withdrawal from building public and community housing has caused a severe housing crisis, adding that Australia will need around 1 million such homes over the next 15 years.

— with inputs from Xinhua

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