Housing affordability refers to the ability of a household to meet its housing costs, such as servicing a mortgage or renting, without compromising other needs. One of NHFIC’s core responsibilities is conducting research into housing affordability in Australia. This data builds on our State of the Nation’s Housing 2020 report, expanding the Lorenz curve analysis on affordability for renters and potential first home buyers in Sydney to cover Australia’s major capital cities. The data is at 30 June 2020.
The State of the Nation's Housing 2020 report has been prepared by NHFIC’s newly-formed research team with modelling input from SGS Economics & Planning and Macroplan. The report delivers on NHFIC’s mandate of monitoring housing demand, supply and affordability, while also identifying potential gaps between housing demand and supply. It is NHFIC’s first report into the State of the Nation’s Housing and was developed in consultation with a wide range of stakeholders across industry, government and academia.
Use the interactive map to see statistics on first home buyers that participated in the First Home Loan Deposit Scheme between 1 January and 30 June 2020. Data is as at 30 June 2020. You can search by postcode or local government area (LGA) and click on the map to view key information.
This research report by NHFIC - COVID-19: Australia's population and housing demand – found that the global pandemic could cut underlying dwelling demand in Australia by between 129,000 and 232,000 from 2020 to 2023, mainly due to the downturn in net overseas migration (NOM). International border closures have effectively shut down NOM, which has accounted for 59 per cent of population growth since 2007.