Rental Affordability Index 2019
Rental affordability for single pensioners is alarmingly poor. Across the nation, the single pensioner household is facing Severely Unaffordable and Extremely Unaffordable rents. For the most part, living in metropolitan areas (which is where one bedroom dwellings are generally available) would require 50 per cent or more of the pensioner’s income to be spent on rent. While faring better than the single pensioner household, the couple pensioner household generally faces Unaffordable to Severely Unaffordable rents in metropolitan areas. Regional areas remain Moderately Unaffordable for this household.