A two-bedroom Bondi Junction unit for $1,100 a week. Is ‘affordable housing’ in Australia really affordable?

Government programs designed to offer rent below market rate for low-to-moderate income households are failing those who most need it, advocates sayGet our breaking news email, free app or daily news podcastA two-bedroom apartment in Bondi Junction that is part of an “affordable” housing scheme run by the NSW government has been listed at $1,100 a week to rent, prompting advocates to warn that programs designed to help low-income earners are increasingly out of reach.Across the country, affordable housing programs are meant to offer rent below market rate for low-to-moderate income households that make too much for social housing but not enough for the private market.Sign up for Guardian Australia’s breaking news email Continue reading...

admin admin
Jun 16, 2025 - 09:19
0 0
A two-bedroom Bondi Junction unit for $1,100 a week. Is ‘affordable housing’ in Australia really affordable?

Government programs designed to offer rent below market rate for low-to-moderate income households are failing those who most need it, advocates say

A two-bedroom apartment in Bondi Junction that is part of an “affordable” housing scheme run by the NSW government has been listed at $1,100 a week to rent, prompting advocates to warn that programs designed to help low-income earners are increasingly out of reach.

Across the country, affordable housing programs are meant to offer rent below market rate for low-to-moderate income households that make too much for social housing but not enough for the private market.

Sign up for Guardian Australia’s breaking news email Continue reading...

Read More