A lack of available properties has put increasing pressure on Melburnians searching for a home, especially on a budget.

Rents are soaring in several capital cities as low vacancy rates collide with rising interest rates and population growth.

While rental prices in Western Australia are rising at the slowest pace in the country, advocates are warning that tenants have already hit breaking point.

A lack of available properties has put increasing pressure on Melburnians searching for a home, especially on a budget.

Sydney rents have jumped again after tenants got a reprieve from hikes earlier in the year. Landlords remain in the driver’s seat.

Sought-after neighbourhoods have become more expensive, but those hoping to escape Sydney and commute may need to rethink.

In some parts of Melbourne, households are being asked to fork out for double-digit increases compared with last year.