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Medium Term Rentals

Approximately 280,000 BNB properties in Australia sit vacant for nearly half the time, with demand varying by season and property standard.

Medium-term rental properties are available for lease for 1 – 6 Months.

They are often furnished B&B properties.

BNB hosts want maximum returns, so short leases work well in off-peak seasons, priced between long-term rents and BNB rates, since there are no booking fees or frequent cleaning costs.

Preferred Tenants offers a free platform for BNB Hosts to make these properties available to people looking for temporary accommodation.

Latest News

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Are High Interest Rates to Blame for the Rental Crisis?

12th Feb 2025

Michael Yardney

The current rental crisis in Australia has sparked significant debate, with many quick to blame rising interest rates as a key culprit. However, the RBA has debunked this myth in its bulletin Do Housing Investors Pass-through Changes in Their Interest Costs to Rents?

This homeless WA mother is sleeping in her son's room at Perth Children's Hospital

6th Feb 2025

Tabarak Al Jrood

Kerry Mitchell-Bathgate is homeless and is sleeping in her son's room at Perth Children's Hospital. Her teenage son Liam is undergoing dialysis there after being diagnosed with kidney failure.

Middle-income Australians experiencing rental stress with a third of pay spent on housing, report shows

15th Jan 2025

Cait Kelly

Rent has increased by 36% nationally since Covid, CoreLogic finds, which equates to an extra $171 a week on average

Glimmer of hope: Rents hold in Australia’s two largest cities

9th Jan 2025

Cameron Micallef

The rental crisis in Australia is finally showing signs of easing, as advertised prices stall for the first time in three years, according to new research.

JP Morgan: Australia’s rental crisis to worsen

8th Jan 2025

Leith van Onselen

Australian tenants have just endured the worst rental inflation in history, with asking rents soaring by more than 40% since the pandemic.According to Domain, median house rents soared by $220, or 51%, from $430 to $650 between December 2019 and September 2024. Median unit rents rose by $180 or 40%, over the same period, from $450 to $630.

You’ll never believe the most affordable regions to rent in Australia

3rd Jan 2025

Leanne Jopson

Do you know which areas or suburbs in Australia are leading in terms of rental affordability? Or have you wondered how your suburb ranks in terms of rent prices compared to the rest of the country? By now we’re all aware that Australia is going through a rental crisis, with soaring rents and a lack of affordable housing causing significant distress for many people. The ongoing severe undersupply and growing demand have forced rents skywards, which is pushing renters to consider more affordable options. As of September, the national median rent of properties advertised on realestate.com.au was 1.7% higher than the previous quarter at $610 per week.

The top five suburbs in Australia for price growth in the 12 months to April are in Perth

30th Apr 2024

Sarah Brookes

A 20 per cent increase in Perth’s median house sale price from January until the end of the year is a very real possibility, according to REIWA’s 2024 property market quarterly update.

Property Council lies about rental crisis

30th Apr 2024

Leith van Onselen

The Property Council of Australia has hit rock bottom with their latest propaganda report claiming that the record volume of international students is not contributing to Australia’s rental crisis

How long will Australia’s rental crisis last?

24th Mar 2024

Michael Yardney

Australia’s rental market is in crisis. Vacancy rates have dropped to all-time lows, rental stock remains extremely slim, and rental prices continue to skyrocket. So how did we get into this rental crisis?

Cost of living crisis: rent affordability hits 17 year low in Australia

14th Mar 2024

Giselle Bueti

A new report has revealed the Australian suburbs that have seen the biggest yearly increase in median rents. Find out how much more you’re paying.

Brisbane renters ‘strings tighten’ amid rental crisis

9th Mar 2024

David Bonaddio

Young professional Josh Frew inspected 43 apartments before landing a rental property in inner Brisbane, and says finding somewhere to live is like applying for a job. Mr Frew finally secured a unit in Bowen Hills, where the median unit price has increased more than 24 per cent in the past 12 months to $560 a week, according to PropTrack figures showing it’s never been more expensive to be a tenant in Queensland.

Housing crisis worsens as extreme conditions for renters described as 'needle in a haystack type stuff'

5th Mar 2024

David Taylor

There is further evidence Australia's ongoing housing crisis is deepening. The national vacancy rate has hit a record low of 0.7 per cent, according to Domain. In Perth and Adelaide, it is as low as 0.3 per cent.

Queensland has announced major changes to address the state's housing crisis

5th Feb 2024

Molly Slattery

Queensland is in the midst of a housing crisis. Tenants and home owners alike say they are scrambling to afford skyrocketing rents and ever-increasing mortgage repayments. In recent days, the Queensland government has made a number of announcements in a bid to address growing concerns around affordability and supply.

Why does Australia have a rental crisis, and what can be done about it?

16th Nov 2022

Australia is experiencing a period of very low rental vacancy rates and rising rent levels, which has led to what is widely recognised as a ‘rental crisis’. Indeed, the national rental vacancy rate (i.e. the percentage of untenanted rental properties against all rental properties) was at 0.9 per cent in September 2022, the lowest since April 2006 (when it was 0.8% for one month).