28 August 2021
Soaring prices. Low wages. Competition. Desperation.
The unaffordable conditions for Australian home buyers are spilling into the rental market for coastal families, and locals say it’s destroying the very reason these towns are popular in the first place.
Landlords from Byron Bay, Yamba and Noosa to Lorne and Apollo Bay are jacking up rents as the popularity of seaside towns continues climbing while lockdowns roll on in cities.