This line graph shows that the proportion of renters renting from private landlords increased from about 18% in 199495 to 26% in 201920. All landlord types increased from 27% to 31%. Daley J, Coates B and Wiltshire T (2018) Housing Affordability: reimagining the Australian Dream, Report no. In 2021, around 13% of households lived in semidetached row or terrace and townhouses, up from 8% in 1996. Renters paid $393 per week, or 17% of gross weekly household income. 2021). Adjusted for changes in the Consumer Price Index to 201920 dollars. More detailed data are available in the data cubes, available from the Data downloads section of this publication, and details about the survey are available in theSurvey of Income and Housing, User Guide, Australia(cat. Australian Government (2020), First home Owner Grant Scheme, Australian Government website, accessed 4 July 2022. Family composition and marital status are related to housing tenure (Baxter and McDonald 2005; Stone et al. over one-quarter (27% or 11,900) of the main applicants receiving assistance were aged 3544, about one-fifth (20%) of recipients earned a gross income of less than $700 per week ($36,400 per annum), 58% (or 25,700) of households receiving home purchase assistance were in. See Housing affordability and Housing assistance. Bank for International Settlements, ABS (2022d) Total Value of Dwellings, September quarter 2022, ABS website, accessed March 2023. Home Statistics People Housing Housing Sort by Relevance 22 March 2023 Estimating Homelessness: Census 122,494 people were estimated to be experiencing homelessness on Census night in 2021. Specialist homelessness services annual report. Median housing costs for first home buyers with a mortgage were comparable to those for recent changeover buyers ($505 per week compared with $529). In this publication, the measure of housing utilisation is based on the criteria of the Canadian National Occupancy Standard (CNOS), which determines the number of bedrooms required to adequately accommodate a dwelling's occupants. Melbourne: AHURI. Final Report No. Data are small for some states/territories and some age groups within birth cohorts; data points have been suppressed where the numerator is less than 20. Males made up 55.9% of people experiencing homelessness; females made up 44.1%. AHURI (Australian Housing and Urban Research Institute) 2018. Excludes households with nil or negative income. . To see descriptions of the variables, including data use considerations, relevant to this topic see the2021 Census dictionary: Housing. 28% were renting, down from 34% in 201718. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsisting in this publication, including any data, analytics, statistics and other information contained in this publication. Regional Western Australia was the most affordable of the rest of state areas (Table 3). 2013). Of those that owned another residential property, almost three quarters (68%) owned a single property, while one in twenty-five (4%) owned four or more properties. St. Louis, MO 63102, https://www.bis.org/statistics/pp_detailed.htm, http://www.bis.org/terms_conditions.htm#Copyright_and_Permissions, Percent per Annum, Quarterly, Not Seasonally Adjusted, More Warren D and Qu L (2020) Australian Institute of Family Studies (AIFS), Families Then & Now: Housing, Research ReportJuly 2020, Melbourne AIFS, accessed 19 May 2021. The median mortgage outstanding in Victoria was $285,000. Australian Institute of Health and Welfare. The median mortgage outstanding in NSW was $302,000. In 201718, 11.5% of households spent 30% to 50% of gross income on housing costs with another 5.5% spending 50% or more (ABS 2019). The browser you are using to browse this website is outdated and some features may not display properly or be accessible to you. One in twenty-five (4%) of households were in need of at least one more bedroom. The median mortgage outstanding in Northern Territory was $321,000. Detailed time series data for ACT from 199495 to 201920 are available in data cube 12 of the Data downloads section of this publication. With or without a mortgage decreased from 71% to 66%. Only 230 students arrived in Australia in March 2021; a decrease of around 60,100 students compared with March 2020 (ABS 2021b). This release previously used catalogue number 4130.0, We can provide customised data to meet your requirements, We can provide access to detailed, customisable data on selected topics, View available Microdata and TableBuilder, Survey of Income and Housing, User Guide, Australia, National Housing and Homelessness Agreement, Housing Occupancy and Costs methodology, 2019-20 financial year. Renters paid $282 per week, or 18% of gross weekly household income. Detailed time series data for SA from 199495 to 201920 are available in data cube 12 of the Data downloads section of this publication. 2018). The housing aspirations of Australians across the life-course; closing the housing aspirations gap. ABS (2022b) Housing Occupancy and Costs, 201920 financial year, ABS website, accessed 4 July 2022. Without a mortgage decreased from 39% to 30%. Retrieved from https://www.aihw.gov.au/reports/australias-welfare/housing-affordability, Housing affordability. To monitor changes in housing circumstance during non-Census periods, other survey data can be used. Yates J 2007. You're all set to get our newsletter. Both receive government pensions of $400 per week. Access to good quality, affordable housing is fundamental to wellbeing. This vertical bar graph shows that the proportion of households who rent in the private rental market has increased between 1996 and 2021. 2020a. * Estimate has a high margin of error and should be used with caution. 122,494 people were estimated to be experiencing homelessness on Census night in 2021. Their higher income means they have sufficient income after housing costs to avoid financial stress (AHURI 2018; Rowley et al. Australia The Australian residential housing market has transformed considerably over the past few decades. It provides current data on house prices as well as metrics used to assess valuation in housing markets, such as house price-to-rent and house-price-to-income ratios. Please use a more recent browser for the best user experience. This website needs JavaScript enabled in order to work correctly; currently it looks like it is disabled. 59% of NT households owned their own home (43% owned with a mortgage, 16% owned without). There were 1,043,776unoccupied dwellings on Census Night. Cat. Australia: rental property vacancy rates by city 2023 | Statista In February 2023, the Australian city of Canberra had a rental property vacancy rate of 1.8 percent. Sydney. For Australians aged 2529, the difference was similar 50% in 1971, compared with 36% in 2021. Information on housing type and housing costs. Long-term private rental in a changing Australian private rental sector, Trends in home ownership: causes, consequences and solutions [PDF 221KB], 67% (6.2 million households) were home owners, 32% (2.9 million households) without a mortgage, 35% (3.3 million households) with a mortgage, 31% (2.9 million households) were renters, 26% (2.4 million households) were renting from private landlords, 3.0% (277,500 households) from state or territory housing authorities. Reserve Bank of Australia. Owners with a mortgage paid $501 per week, or 16% of gross weekly household income. Other relevant data downloads can be found on the following pages: To access more 2021 Census data, seeSearch Census dataor to build your own data sets, seeCensus data tools. an increase in the supply of rental properties in some locations. AHURI Final Report No. 2021). Owners without a mortgage paid $54 a week on average. The gap between these areas has increased over time (ABS 2019) (Figure 2): This column graph shows the proportion of low income households in greater capital cities, the balance of the states and territories and all households spending more than 30% of their gross income on housing cost for the years 20072008, 20092010, 20112012, 20132014 and 20152016. The household, income and labour dynamics in Australia survey: selected findings from waves 1 to 19. 69% of South Australian households owned their own home (39% owned with a mortgage, 30% owned without). (ABC News) In 2022, the Australian housing market recorded the first downfall in two years, with house prices going down by $18,900. Senate Economics References Committee 2015. The lowest costs were in the Northern Territory at 15.7% (ABS 2019). Pawson H, Martin C, Sisson A, Thompson, S, Fitzpatrick, S. & Marsh, A 2021. 27% for state or territory housing tenants. Over a quarter (26%) of lone person households (down from 29% in 201718). Just over 63% of renters experienced changes to their employment, including reduced hours and/or income, reduced income and temporary lay-off. In 2020, the supply of these rental properties increased, especially in high-density areas, as new buildings were completed (Pawson et al. More than three quarters (77%) of households had at least one bedroom spare. Around two thirds (66%) of Australian households owned their own home with or without a mortgage, unchanged from 201718. CHOICE, National Shelter and NATO (National Association of Tenant Organisations) 2018. Housing costs as a proportion of gross household income is the sum of housing costs of a group divided by the summed gross weekly income of that group in households. Higher rents will help reduce rental stress by encouraging people to One measure of housing affordability is a ratio of housing costs to gross household income, also known as a housing affordability ratio. 2020). Social housing dwellings data are provided by state and territory housing authorities. Housing Market Data Report provides an up-to-date view of the property market and emerging trends based on cutting-edge property analytics and multiple data sources. CHOICE, National Shelter and NATO. Over one in ten (13%) households were in the lowest quintile of equivalised disposable household income. For the June 2022 and September 2022 quarters, average house prices started trending downwards for Australia and across most states and territories, however, prices were still above 2015 prices. They receive the tax benefit of saving through their superannuation contribution arrangements (ATO 2022). Owners with a mortgage paid $390 per week, or 14% of gross weekly household income (down from 15% in 201718). Disrupted: The consumer experience of renting in Australia. In 202021, around 44,200 instances of home purchase assistance were provided across Australia. HOU 325. Owners with a mortgage paid $346 per week, or 15% of gross weekly household income. Please enable JavaScript to use this website as intended. They can voluntarily contribute up to $15,000 in any one financial year, up to a total of $50,000, from 1 July 2022. 27+ Housing Statistics in Australia to Get You Thinking - Take a Tumble In the future, some of these dwellings may transition back to the short-term market due to the increase in domestic tourism and business travel (Evans et al. Housing costs for renters increased by $2 between 201920 ($379) and 201718 ($377 inflation adjusted). This line graph shows that the home ownership rates of Indigenous Australians in the birth cohort 19471951, who were 3034 years old in 1976, increased from 26% in 1976 to 61% by 2021, or 45 years later when they were 7579. Australian Economy. 2021). The proportion of low income households in rest of state areas spending more than 30% of their gross income on housing costs also increased between 200708 and 201718 from 29.5% to 35.6%. Housing assistance in Australia - Australian Institute of Health and These proportions have increased from 9.2% and 4.6% respectively since 199495 (Table 1). Baker, E. and Daniel, L. Australian home ownership: past reflections, future directions. 2015). The browser you are using to browse this website is outdated and some features may not display properly or be accessible to you. CoreLogic's national Home Value Index (HVI) increased by half a percent in April, following a 0.6% lift in March to be 1.0% higher over the past three months.After falling -9.1% between May 2022 and February 2023, Australian housing values look . About one-third of economists expect the Reserve Bank will raise its cash rate to 4.1% on Tuesday, including those from Goldman Sachs Group Inc. and Royal Bank of Canada, a Bloomberg survey of 25 . Housing occupancy and costs, 201718. 86% of home-owners and 76% of renters were satisfied with their current dwelling. The simplest measure of housing affordability compares housing costs to gross household income. Construction systems used around Australia vary from region to region. Dwelling type by state and territory of enumeration - 2016 and2021, Dwelling structure by state and territory of enumeration - 2016 and 2021, Tenure type by state and territory of enumeration - 1996, 2016 and 2021. The dashboards mainly utilise data gathered from the Nationwide House Energy Rating Schemes Universal Certificates. The number of bedrooms per dwelling has increased from 3.0 in 199900 to 3.1 in 201920. This can be attributed to significant changes in housing preferences, with more Australians preferring to live in larger dwellings that are better suited for working from home and leisure activities (Stone et al. However, rates were still lower compared with older birth cohorts. The median mortgage outstanding in Australia was $275,000. 70 per cent were separate houses, 13 per cent were townhouses and 16 per cent were apartments. This website needs JavaScript enabled in order to work correctly; currently it looks like it is disabled. Prior the COVID-19 restrictions, from 2013-14 to 2015-16, the majority of new dwellings that were built in Sydney, Melbourne and Brisbane consisted of flats, units and apartments rather than separate houses. The lifespan for Indigenous Australians is 15 years shorter than non-Indigenous Australians. Hulse K & Nygaard C 2020. Note: Data for the Northern Territory are not available. 353. It also includes dwellings being occupied rent free and dwellings being occupied under a life tenure scheme. The Australian housing affordability challenge. Use the interactive displays to dig deeper into the data, and export or share your customised dashboard. Is this dwelling: (Owned outright;Owned with a mortgage;Purchased under a shared equity scheme; Rented;Occupied rent free;Occupied underlife tenure scheme;Other)? Housing costs and incomes varies across Australia, meaning housing affordability differs within and between states and territories and among housing tenure types (for example, home owners with a mortgage or renters). IBA (Indigenous Business Australia) (2021)Indigenous Business Australia Annual report 202021, Canberra. Hobart was the least affordable metropolitan area in Australia, Greater Perth was the most affordable metropolitan area in Australia, Greater Sydney and Greater Melbourne improved in affordability from the previous year, Regional Tasmania was the least affordable of the rest of states and territories. Australian Institute of Health and Welfare (2021) Housing affordability, AIHW, Australian Government, accessed 06 June 2023. Use the interactive displays to dig deeper into the data, and export or share your customised dashboard. Canberra: AIHW. In 1996, the renters in the corresponding age group were 55%, 26% and 18% respectively. For more information on home ownership and housing tenure, see: ABS (Australian Bureau of Statistics) (2001) 2001 Census All persons QuickStats, ABS website, accessed 4 July 2022. By contrast, the home ownership rate of those born during 19921996 was 36% in 2021 (when they were aged 2529), 18 percentage points lower than the 19471951 cohort at the same age. 7. The complexities in measuring different types of housing costs mean that care should be taken when comparing housing costs and affordability ratios across tenure types. Canberra: ABS. al. $353 per week (32% of gross weekly income) for lower income households renting from a private landlord. The housing aspirations of Australians across the life-course; closing the housing aspirations gap. Dec-22. Housing affordability can be expressed as the ratio of housing costs to gross household income (ABS 2019). The Survey of Income and Housing (SIH) collects data from households across Australia to measure levels of housing occupancy and costs and how these change over time. Categories > International Data > Countries > Australia. ATO (Australian Tax Office) (2022) First home super saver scheme, ATO website, accessed 7 July 2022. The median mortgage outstanding in South Australia was $216,000. More than half (58%) of those renting from a private landlord (similar to 57% in 201718). CoreLogic publishes daily and monthly residential value indices, including summary monthly movement data. Governments provide financial support to assist first home buyers, low-income households, Indigenous Australians, and vulnerable people to buy a house. Over two thirds (69%) were either couple families with dependent children (41%) or couple only families (28%). Factors like unemployment, vulnerable households and mental health impact housing security, Ms Sinclair said. There were 10,852,208 private dwellings counted in the 2021 Census. 23.0%of all people experiencing homelessness were aged from 12 to 24 years. Melbourne: AHURI. This is often a lifeline for Aboriginal and Torres Strait Islander people experiencing poverty and entrenched disadvantage, as it provides access to affordable, culturally appropriate housing and pathways to other community services and supports. The Indigenous Home Ownership Program facilitates home ownership for Indigenous Australians by providing access to affordable home loan finance. Of these: Lending commitments to owner occupier first time home buyers increased, from around 81,650 commitments in the 12 months to May 2017 to 138,400 in the 12 months to May 2022 (ABS 2022c). Around one-third experienced worse living circumstances including difficulty paying rent and/or bills. 69.3% of Western Australian households owned their own home (42.7% owned with a mortgage, 26.6% owned without). First release Key statistics There were 10,852,208 private dwellings counted in the 2021 Census. The mean price of residential dwellings has increased by more than 60% over seven years, from $579,300 in the March 2015 quarter, to $944,000 in the March 2022 quarter (ABS 2022d). 66% of Australian households owned their own home with or without a mortgage. Eligible contracts signed between 1 January 2021 and 31 March 2021 were offered $15,000. In 201920, average housing costs and housing affordability ratios for lower income households by tenure type were: The proportion of lower income households spending more than 30% of their gross weekly income on housing costs was: Other characteristics for lower income household groups that spend more than 30% of their gross weekly income on housing included: More detail about housing affordability can be found in the data cubes available to download from the Data downloads section of this product. Home ownership rates have also gradually decreased among people nearing retirement. Recent home buyers are defined as those households who purchased a dwelling in the three years prior to the date their survey was completed. For example, Airbnb accommodation decreased by 14% in Sydney and 22% in Hobart and Melbourne from March and April 2020 (Buckle et al. Map showing the change in dwelling density by suburb. Renters paid $281 per week, or 22% of gross weekly household income (up $26 from 201718). As a result of international border closures, from January to December 2020, international visitor numbers decreased by 89%. Aboriginal and Torres Strait Islander Health Performance Framework, Indigenous Mental Health and Suicide Prevention Clearinghouse, Regional Insights for Indigenous Communities, Australian Centre for Monitoring Population Health, Click to open the social media sharing options. https://fred.stlouisfed.org/series/QAUR628BIS, 51% of renters were living in a home that is in need of repair. 6]. A Universal Certificate is the assessment pathway that the majorityof new dwellings in Australia use to comply with the energy efficiency requirements in Australias National Construction Code. Canberra: Australian Institute of Health and Welfare, 2021 [cited 2023 Jun. What is the persons residential status in this dwelling? Melbourne: AHURI. The Australian Housing and Urban Research Institute Limited, Melbourne. One Federal Reserve Bank Plaza, It can help reduce poverty and enhance equality of opportunity, social inclusion and mobility (Gurran et al. In the past two decades,from 199900 to 201920, the percentage of Australian households that own their own home: Between 199900 and 201920, the percentage of Australian households that rent their home from: More detail about housing tenure can be found in the data cubes available to download from the Data downloads section of this publication. 23.0% of all people experiencing homelessness were aged from 12 to 24 years. 2021). Of the 2.02 million households who, in 201920, owned a residential property other than their usual residence: For more data regarding ownership of other residential property see data cube 10, available to download from the Data downloads section of this publication. 2020; Gurran et al. The proportion of Australian households renting has increased, from 22% (1.5 million households) in 2006 to 27% (2.1 million households) in 2016 (ABS 2019). Home ownership rates reflect the year the household reference person was born. The subsequent pressure on housing stocks in these areas highlights the need for coordinated and well considered urban planning strategies. Bridging the Gap between Housing Stress and Financial Stress: The Case of Australia. The complexities in measuring different types of housing costs mean that care should be taken when comparing housing costs and affordability ratios across tenure types. Under the First Home Guarantee, an eligible first homebuyer can purchase a property with a deposit of as little as five per cent, while through the Family Home Guarantee a single parent with dependents can purchase a home with a deposit of as little as two per cent. The construction systems are the dominant ones utilised and the area is the total internal area of the dwelling (excluding the garage). Owned with a mortgage includes dwellings being purchased under a shared equity scheme. Stone W, Burke T, Hulse K and Ralston L (2013) Long-term private rental in a changing Australian private rental sector, AHURI final report no. 2020b). The home ownership rate for Aboriginal and Torres Strait Islander people in 2021 was 42%. The proportion of all low income households spending more than 30% of their gross income on housing costs increased between 200708 and 201718 from 35.0% to 43.1%. At CSIRO, we solve the greatest challenges through innovative science and technology. 69% of ACT households owned their own home, up from 64% in 201718 (42% owned with a mortgage, 27% owned without). HomeBuilder scheme was announced on 4 June 2020, with the aim of encouraging eligible owner-occupiers to build a new home or substantially renovate an existing home. CHOICE, National Shelter and NATO 2017. Strengthening Economic Cases for Housing Policies. Burke T, Nygaard C & Ralston L 2020. no. Guardian Australia combined census data from 2011, 2016 and 2021 to identify changes in population and dwelling density over the past decade. Many factors influence the supply, demand and cost of housing across the country, including Australias growing and ageing population and government policies (AIHW 2021; Burke et al. In general, rental affordability index scores are worse for metropolitan areas compared with the rest of the state or territory. Broadly, the rate of home ownership for Indigenous Australians has increased for each successive birth cohort (Figure 3), however, rates for Indigenous Australians were consistently around 20 percentage points lower than home ownership rates for non-Indigenous Australians across all birth cohorts and age groups. How many bedrooms are there in this dwelling? Endnote. This image shows three different types of dwellings and information about tenure in Australia. By contrast, low-income households (lowest 40% of household income distribution) are more likely to lack the resources to deal with financial impacts arising from critical life events and/or housing market factors, often leading them to need additional housing assistance (AIHW 2021). 337. 2020; Pawson et al. Energy efficiency star ratings are the core of the NatHERS program and all new dwellings are required to demonstrate how they meet the energy efficiency requirements in the National Construction Code. Wilkins R & Lass I 2018. Hulse K, Burke T, Ralston L & Stone W 2012. Building Activity, Australia. Stone W, James A, Parkinson S & Rowley S 2020b. A state or territory housing authority decreased from 6% to 3%. We can provide customised data to meet your requirements, We can provide access to detailed, customisable data on selected topics. The dashboards in this section show how the star ratings are distributed based on a variety of geographical boundaries, including climate zones, states and territories, local government areas and even postcodes. We'd love to know any feedback that you have about the AIHW website, its contents or reports. The median mortgage outstanding in Queensland was $261,000 (an increase from $258,000 in 201718). 66% of Australian households owned their own home with or without a mortgage. Brisbane (0.9%) and Perth (0.8%) had the highest growth rates of the capital cities in 202021 (ABS 2022e).