Renting homes in Australia is becoming more expensive, reaching crisis levels with record-low vacancy rates. Tiny Houses could be the answer. Tiny houses in Australia are movable dwellings, often built on wheels or skids. The idea of every Australian needing a large block of land is outdated, says Dr Michael Fotheringham, managing director of Australian
The State government aims to encourage owners of vacant properties to put their houses on the rental market. Perth’s rental vacancy rate hit a new low of 0.4% while the median rent rose to $635 per week. On offer is a $5,000 incentive as a one-off payment for up to 1,000 owners. The scheme will
REIWA chief executive Cath Hart stated that the market is breaking records due to a shortage of homes and a strong economy: The median house sale price rose by 13.6% to $625,000 over the past year. She predicts a possible 20% growth in the market from January to the end of 2024. Building completions are




