Labor’s chaos and crisis sees Queenslanders paying more to keep roofs over their heads
Labor’s decade of housing failures has resulted in Queensland renters experiencing the highest yearly price rise ever recorded in the State.
New data from the Residential Tenancies Authority shows Queenslanders’ median rental payments increased by a staggering 13.4% in the past 12 months.
The record rise means rents have now increased by 50% since Labor came to power in 2015.
Shadow Housing Minister Tim Mander said renters were paying the price for Labor’s failure to plan and release enough new land for our growing State.
“A decade of Labor housing failures has driven up the cost of living for Queenslanders to levels never seen before,” Mr Mander said.
“Despite all the flashy announcements, the cost of rent increased in 2023 by the highest amount recorded.”
“Queenslanders cannot trust any promise the third-term Labor Government makes on housing because no matter what they say, costs keep going up.”
“Instead of planning and releasing new land, they’ve been engulfed in their own chaos and crisis.”
“Only the LNP has a plan to work with Councils to release more land, putting downward pressure on rents and helping Queenslanders get into the housing market.”
| Median Rents – QLD, by LGA ($) | |||||
| Local Government Area | Dec 2015 | Dec 2022 | Dec 2023 | Annual | Since 2015 |
| Rent | Rent | Rent | % Change | % Change | |
| Statewide | 360 | 485 | 550 | 13% | 53% |
| Brisbane (C) | 410 | 500 | 600 | 20% | 46% |
| Bundaberg (R) | 280 | 410 | 467 | 14% | 67% |
| Cairns (R) | 325 | 440 | 480 | 9% | 48% |
| Fraser Coast (R) | 295 | 440 | 490 | 11% | 66% |
| Gladstone (R) | 280 | 390 | 420 | 8% | 50% |
| Gold Coast (C) | 420 | 630 | 690 | 10% | 64% |
| Ipswich (C) | 320 | 450 | 500 | 11% | 56% |
| Livingstone (S) | 310 | 500 | 550 | 10% | 77% |
| Lockyer Valley (R) | 300 | 410 | 450 | 10% | 50% |
| Logan (C) | 350 | 460 | 530 | 15% | 51% |
| Mackay (R) | 280 | 450 | 500 | 11% | 79% |
| Moreton Bay (C) | 350 | 500 | 550 | 10% | 57% |
| Mount Isa (C) | 340 | 380 | 390 | 3% | 15% |
| Redland (C) | 420 | 570 | 600 | 5% | 43% |
| Rockhampton (R) | 280 | 400 | 440 | 10% | 57% |
| Sunshine Coast (R) | 410 | 600 | 650 | 8% | 59% |
| Toowoomba (R) | 300 | 400 | 450 | 13% | 50% |
| Townsville (C) | 320 | 410 | 450 | 10% | 41% |
| Whitsunday (R) | 285 | 430 | 530 | 23% | 86% |
Source: Median rents quarterly data | Residential Tenancies Authority (rta.qld.gov.au)