Published on 25/02/2022
26% increaseIn regional house prices in the year to December 2021, compared to 21% in capital cities |
Post-COVID?With lockdowns and working from home, many moved to bigger houses, and from cities to regions (especially in NSW and Vic) |
<10%of properties Sydney and Hobart are affordable to the bottom 60 per cent of income earners in those markets |
550,000Net new dwellings contributing to housing supply in the next 3 years, supported by Government stimulus, including HomeBuilder |
1.7 millionnew households expected to form between 2022 and 2032, led by lone person households |
-163,400 dwellingsthe housing shortfall between 2025-32 as household formation is expected to exceed housing supply |