Rental market still tight

January 18, 2024 9:45 am in by
Photo: Pixabay

New data reveals securing a rental property in the Riverland is still a difficult proposition.

Suburbtrends rental pain index for January which has a score from 0 to 100, with 100 being the highest level of rental distress shows Berri having the toughest local market- having a rental pain score of 84.

Renmark was the second highest locally at 75, with Loxton just behind at 71.

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Kent Lardner, founder of Suburbtrends, said the report shows an unprecedented level of rental stress, and the situation was putting immense financial pressure on Australian renters.