{"id":521186,"date":"2026-03-05T22:34:08","date_gmt":"2026-03-05T22:34:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/521186\/"},"modified":"2026-03-05T22:34:08","modified_gmt":"2026-03-05T22:34:08","slug":"low-vacancies-and-high-prices-push-more-australians-into-long-term-renting","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/521186\/","title":{"rendered":"Low vacancies and high prices push more Australians into long-term renting"},"content":{"rendered":"<p>He said vacancy below 2% signalled \u201crobust rental demand, price resilience and long-term occupancy stability.\u201d\u00a0<a href=\"https:\/\/www.mpamag.com\/au\/news\/general\/rental-market-tightens-as-vacancy-rate-hits-record-low\/552160\" target=\"_blank\" rel=\"nofollow noopener\">Low vacancy rates<\/a> mean rental stock remains close to fully occupied, with strong competition for available dwellings and limited flexibility for tenants looking to move or negotiate.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/03\/0376_639083029670083345.jpg\" style=\"margin-left: 5px; margin-right: 5px; float: right; width: 30%; height: 30%;\"\/>Papaleo (pictured right) noted that more new households are renting for extended periods relative to previous generations because of financial constraints and high initial purchase costs, with build-to-rent now established as a permanent segment of Australia\u2019s housing system.<\/p>\n<p>Katherine Sundermann, senior lecturer in urban planning and design at Monash University, said the pattern of increased renting appeared to be a lasting feature of the market.\u00a0\u201cThere is clear evidence that Australians are renting for longer,\u201d she said. \u201cWe\u2019re seeing lower levels of home ownership at the same stage of life compared to previous generations.\u201d<\/p>\n<p>Census figures show the national home ownership rate has fallen from about 70% in 2006 to 67% in 2021, with more pronounced declines among younger age cohorts.<\/p>\n<p>Sundermann said the consequences of this shift extended beyond tenure. \u201cHome ownership remains a major driver of wealth accumulation in Australia,\u201d she pointed out.<\/p>\n","protected":false},"excerpt":{"rendered":"He said vacancy below 2% signalled \u201crobust rental demand, price resilience and long-term occupancy stability.\u201d\u00a0Low vacancy rates mean&hellip;\n","protected":false},"author":2,"featured_media":521187,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44,9074,11135,114366],"class_list":{"0":"post-521186","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australia","8":"tag-au","9":"tag-australia","10":"tag-news","11":"tag-prices","12":"tag-renting","13":"tag-vacancies"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/521186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=521186"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/521186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/521187"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=521186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=521186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=521186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}