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Sep 19
2007

Brisbane rental prices and how they affect property growth

Posted by Shane Mills in sellingrental figuresreal estatehouse pricesbuyingbrisbaneaffordability

Lately, rents have soared so much in Brisbane that we're now the most expensive city in Australia to live in, in terms of affordability.
According to a rental affordability index developed by the Investors Club, the proportion of income needed to pay the weekly rent of a three bedroom house is highest in Brisbane. In Brisbane, 28% of income is devoted to rent compared to25