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Queensland renters paying above asking price to secure housing in competitive market – ABC News

Mother of four Cassie Windsor says she is overwhelmed trying to find an appropriate house for her family in Greater Brisbane’s tight rental market, which has its…

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Families looking for rental properties in Greater Brisbane are facing intense competition in the tightest market in 10 years, with prospective tenants offering above the asking price just to secure a place.
Key points:

  • Rental markets in most of Queensland, including regional areas, are extremely competitive
  • The greatest demand is for standalone houses, rather than units
  • It is not uncommon for 20 applicants to apply for a single property

Real Estate Institute of Queensland (REIQ) data shows Greater…

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