Insight
An income of $130,000 per year is no longer enough to avoid housing stress in Western Australia.
Why $130,000 a year is no longer enough to avoid housing stress in WA
Summary
Housing affordability in Western Australia is declining, with incomes of $130,000 no longer sufficient to avoid financial stress. This trend impacts the availability and cost of long-term rentals, indirectly affecting the STR market by potentially reducing available housing stock.
Key takeaway