Private rental in transition: institutional change, technology and innovation in Australia
Chris Martin

By Chris Martin.

It is well known that private rental housing in Australia is growing, but it is changing in other ways too. We took stock of the institutions that comprise the private rental sector (PRS) in Australia, and how they are changing, in a new report, Private Rental in Transition, published today by AHURI.

Provision

Over the 10 years to 2016, the number of households privately renting grew 38 per cent - twice the rate of growth in households generally. This means, of course, that rental property ownership also grew; we found it both broadened slightly (ie the number of households with an interest in a rental property grew) and deepened slightly (ie the number that own multiple properties grew slightly). The biggest change regarding ownership is financial: the volume of lending to landlords has grown very strongly in absolute terms, and relative to owner-occupiers.

Almost half of landlords owe debts for their own housing too. Interestingly, about one in eight landlords is themselves a private renter.

Finance

Access

Management