Illawarra renters are suffering‘housing stress’ according to a new report that shows renters from the region’ssouthern suburbs through to the northare spending more than 30 per cent of household income on rent.
Adrian Pisarski from National Shelter, said the SGS Economics and Planning report showedwhat had been known anecdotally for ages.
In Wollongong’s northern 2515 postcode which stretches fromThirroul to Clifton, the report revealed rent was‘severely unaffordable’, withthe average household contributing48 per cent of their income on rent.
The most affordable Illawarra postcode was2502 takingin Cringila, Lake Heights, Primbee and Warrawong, where theaverage household contributed31 per cent of income on rent – arateconsidered to be‘unaffordable’.
Housing stress is considered to have beenreached once a household spendsmore than 30 per cent of income on rent.
“Many middle income households are finding it hard to make ends meet, Mr Pisarski said.
“These households ultimatelythen don’t have disposable income to spend on keyitems like health, transport, education and food.”
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