Share of affordable properties in Australian capital cities has more than halved, analysis shows

The proportion of dwellings listed for under $400 a week has more than halved to an average of just 15% across the country

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The share of rental properties listed for under $400 a week has more than halved to 15% across most Australian capital cities over the past year, accounting for just 7.8% of Sydney listings in February.

Research from data provider PropTrack, based on analysis of realestate.com.au found renters seeking a standalone house faced an even tighter market, with less than 5% of Sydney homes listed at under $400 a week.

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