Housing Crisis Puts squeeze on
Yarra Ranges
Families in the Yarra Ranges are battling a crippling shortage of vacant and affordable rental properties. The housing situation is so bad that prospective renters are now forced into auction type situations paying far more than the advertised rental price just to secure a home. In the Yarra Ranges 88% of private rental homes are now unaffordable for low income families.
The March Quarter 2010 Rental Report shows:
• The median rent for a two-bedroom flat is now $235 up
8.05% on last year
• The median rent for a three bedroom flat is now $330
up 10.00% on last year
• The median rent for a four bedroom house is now $370
up 15.63% on last year
Shelter is one of our most basic needs. Without a home we lack stability, certainty and a place to take refuge. Adding to the pain, the number of people on the public housing waiting list increased by
1,013 in the March quarter to 39,794 families. This is a telltale sign that the current Minister for Housing has dismally failed to deliver affordable housing.
Long waiting periods for public housing, a shortage of affordable private rentals, unsafe rooming houses and under-funded housing support services are symptoms of 11 years of neglect under the current State Government.
MY COMMENT: It's time to release more land in the Shire to make land less expensive. Coldstream is well poised to increase in size!
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