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Logan

Cost of rent through roof in Logan

Logan renters are paying $1,153 more this year to keep a roof over their head, making it harder to get by as the cost of living skyrockets.

According to the Domain Rental Report for September 2021, renters across Logan are paying between $310 and $488 on average per week. 

Woodridge is the least expensive with $310 per week, prices from Logan Central to Regents Park range from $330 to $400, renters at Meadowbrook, Heritage Park, Berrinba, Springwood and Daisy Hill will pay between $423 and $450, while Shailer Park tops the local chart with a median rent price of $485 per week.

The lowest rent increase is 2.1 per-cent at Parkinson to $480, while the the cost of rent has increased by 10.8 per-cent at Springwood to $440.

Federal Member for Rankin Jim Chalmers says rent is the biggest cost that impacts locals.

“Thousands of people in our community pay each week and they are struggling to keep up. 

 

“From childcare and petrol to out of pocket health costs and rent, families in our community know that it’s harder to get ahead. 

 

“Our priority is to get wages growing again so that working families can meet the rising costs of living.”

It comes as an elected Labor Government promises to establish a Housing Australia Future Fund which will build 30,000 social and affordable homes across the country. 

Over the first five years, it will build 20,000 new social housing properties, including 4,000 homes for women and children fleeing domestic and family violence and older women on low incomes who are at risk of homelessness, as well as 10,000 affordable homes for the heroes of the pandemic – frontline workers like police, nurses and cleaners that kept us safe in the COVID-19 pandemic. 

 

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