Median rental prices in this South Australian suburb have risen by a quarter in a year and the vacancy rate is near zero

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Median rental prices in this South Australian suburb have risen by a quarter in a year and the vacancy rate is near zero
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Meanwhile, six vacant public houses remain empty despite 600 applicants in the Port Pirie region still waiting for a home. Advocates are calling for more immediate solutions to the rental crisis.

Data from a real estate report shows a suburb in the regional town of Port Pirie is one of five in South Australia with the biggest increase in weekly rent prices.Weekly asking rents in a Port Pirie suburb have increased by 25 per cent in the past yearAnother 21 public homes still need to undergo significant maintenance

Port Pirie-based real estate agent Matt Ganley said the regional town's rental vacancy rate was virtually zero. "I would recommend looking at introducing another moratorium as we had at the beginning of the pandemic ... on any further rent increases for at least 12 months.

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