Staggering number of Burnett residents can't afford rent
NEARLY 40 per cent of Wide Bay locals can't afford to pay their rent.
This is according to data from a study done by the University of New South Wales, called Everybody's Home.
The Wide Bay region has come in fourth place as the worst region for rental stress in Queensland.
This is followed by the Maranoa and Flynn, as number 29 and 30 respectively.
The study found 40 per cent of Australian renters are struggling with housing they can't afford.
Rental stress refers to households with an income in the lowest two income brackets (the bottom 40 per cent) of Australia's income distribution, who are paying more than 30 per cent of their income in housing costs.
The estimated number of households in rental stress is an estimate of the number of lower income households in rental stress.
The Wide Bay Region has 39 per cent of their households in rental stress. That's 5979 households.
The Maranoa region has 25 per cent of their households in rental stress. That's 4340 households.
The Flynn region has 20 per cent of their households in rental stress. That's 3774 households.
Hinkler tops the list of electorates for rental stress in Queensland. With 41 per cent of households who rent in Hinkler experiencing chronic rental stress.
Everybody's Home campaign spokesperson Kate Colvin said the data busted the myth that housing affordability is only an issue in Melbourne and Sydney.
"The narrow focus on real estate prices for young home-buyers means that almost 190,000 Queensland households in rental stress are being forgotten,” Ms Colvin said.
"Underinvestment in social housing, increasing rents and low wage growth mean that low income earners, and middle income earners are struggling right across the country.”
The seat-by-seat comparison compares rents and incomes across electorates to identify the number of households in rental stress.