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Cotality’s housing results for April warned that Australia’s rental crisis continues to worsen.
The national rental vacancy rate remained at 1.6% in April, well below the historical average of 2.5% to 3.3%. Advertised rents also continue to grow significantly faster than income, increasing by 5.7% in the year to April 2026.
The commentary from Cotality should ring alarm bells for renters and policymakers alike:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.