Rental prices on the rise across the country
The Australian Property Monitors have released the March quarter report for main city rental rates.
The figures show a rise in rental prices for units across the board in the quarter, with an increase of 2.2 per cent, whereas house rental remained largely flat with a rise of just 0.4 per cent.
Darwin continued to show swelling house rental prices higher than any other city, with houses at an average of $700 per week and units at $550 a week.
Melbourne and Adelaide remain the most affordable of the main cities, with Melbourne's house rents at 28 per cent lower than Sydney's.
The National Rental Affordability Scheme is an on-going initiative designed to help amend some of these issues by providing affordable rental properties for Australians and their families.
Under the scheme, financial incentives are offered to investors to purchase housing and rent it out at 20 per cent less than the going market rate.
Up to 50,000 dwellings are planned to be supported this way, helping more Australians afford to pay rent in a market of surging rental prices.