This section of the Rental Report provides a summary of the affordability of
rental housing for lower income households in Victoria. The method used in
this section measures the supply of affordable new lettings based on the
Residential Tenancies Bond Authority data used in this Report. The
affordability benchmark used is that no more than 30 per cent of gross income
is spent on rent. Lower income households are defined as those receiving
Centrelink incomes.
The Rental Report provides key statistics on the private rental market in
Victoria. The major source for the statistics presented in the Rental Report
is the Residential Tenancies Bond Authority which collects data on all rental
bonds lodged under the Residential Tenancies Act 1997.