Media | State News

Rents double-whammy hits Queenslanders

10th November 2023

Biggest rental rises in nation with worst-ever vacancy rates
This is the price we’re paying for Labor

New reports have exposed the double-whammy Queensland renters are facing, with the State becoming increasingly unaffordable to rent in.

While Queenslanders have experienced the biggest rent increases of anywhere in the nation in the past year at 9.5%, they’re also facing record-low availability of rentals at 0.87%.

Under nearly a decade of Labor, lot and building approvals have both declined by 30 per cent, sending rents and house prices soaring.

Queensland now has more than 40,000 people waiting for social housing, priced-out or unable to secure rental properties in the middle of a Housing Crisis.

This is the price Queenslanders are paying for the Palaszczuk Labor Government.

Shadow Minister for Housing Tim Mander said Labor must how take responsibility for their decade of housing failure.

“Never before has there been a more difficult time to find, secure or keep a roof over your head in Queensland, under the Palaszczuk Labor Government,” Mr Mander said.

“Queenslanders now are fighting against the lowest rental vacancies on record and the biggest rental rises in the nation, the situation is dire and getting worse.

“Over nearly a decade this Government has failed to plan for where new housing could be built, it’s failed to release the land needed for new homes and it’s failed to deliver the social housing we so desperately need.

“Queensland families have never faced more pressure at the hands of a Labor Government in chaos and crisis.

“The time for refusing to admit they created the Queensland Housing Crisis has passed, it’s now time for Labor to take accountability.

“We need genuine action to ease the Queensland Housing Crisis and Labor clearly has the wrong priorities.

“Only the LNP has the Right Priorities for Queensland’s future, including securing our housing foundations by improving housing affordability with more land supply.

“An LNP Government would also prioritise developing plans to identify what services and infrastructure is needed to accommodate our growing population.

“The LNP has put solutions on the table to ease the Queensland Housing Crisis, including prioritising infrastructure partnerships with local government to unlock more land for housing, unleashing the community housing sector and setting KPIs and delivering social housing projects on-time and on-budget.”