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Brisbane's Rental Stress: Which Suburbs are Struggling with High Rent Burdens?
Rent is more than 30% of household income
The Rental Stress data can be incredibly useful for property investors and those looking to move to a new suburb. For property investors, this data can help them identify suburbs where rental prices are high relative to household incomes, indicating a potentially lucrative market for rental properties. On the other hand, for those looking to move, this data can help them avoid suburbs where rental stress is high, as this can indicate a lower quality of life due to financial strain. For example, a family looking to move to a new suburb may prioritize areas with lower rental stress to ensure they can comfortably afford their living expenses and maintain a good quality of life. Overall, the Rental Stress data provides valuable insights into the affordability and livability of different suburbs, making it a useful tool for a range of individuals and groups.
Data from 2016