A Snapshot of Australia's Housing Market

Monday, August 01, 2016

Owning a home is the great Australian dream, but with 30% of Australians renting, could our love affair with bricks and mortar be turning sour? Our Aussie states go head to head as we compare affordability for buyers and renters.

How many Australians own their home outright and how many have a mortgage?

2 in 5 (40%) Australians are trying to own their own home and slowly pay it off, with the smallest category of all, 28%, being lucky enough to have paid off their home in full.

How do the capital cities compare when it comes to renting an apartment?

As you would expect, Sydney ranks as the most expensive city, costed at about $500 per week for your average apartment. Amazingly, Darwin is up there as well due to more more demand than supply and with not the same investment in stock. Meanwhile, if you move down to Hobart, it is almost half that, paying about $270 per week, and Adelaide not much beyond that at $370.

What if you are looking to buy a home, how much is that?

Sydney is still leading Australia by a long way with almost a $1,000,000 median house price. A distant second is Melbourne, at over $800,000. If you look down to Hobart, the median house price is $357,000, so that means using the money spent on a home in Sydney, you could buy about 3 homes in Hobart – and a pretty good lifestyle down there as well.

Looking at Australia as a whole, what is the percentage of apartments to houses?

About 3 in 4 Australians live in a detached home, so that’s traditionally been the Aussie dream. Then you have about 14% who live in apartments and 10% in townhouses. We are starting to see a change though, with a quarter of Australians now living in medium to high density housing. At the moment if you look at new housing approvals, it's 1 in 3, so it has gone up. If you look at Sydney and Melbourne, 2 in 3 new housing approvals are in medium to high density living. So we are starting to get more densified, with an increase in vertical communities compared to the more traditional horizontal ones, and that’s where we are headed in the future.

Watch Mark's full interview on The Daily Edition here

What Makes a City the Most Liveable?

Wednesday, July 20, 2016

What makes a state or city liveable? Is it the low crime rate, affordability, ease of travel or is it simply the weather? We have compared some of the major factors and revealed what Aussies really think.

Affordability

If you take the average weekly earnings, subtract the average weekly mortgage repayments based on house costs, you find that NSW doesn’t do too well, it is earning 20% above the average, but the houses are 64% above the average, so NSW works out to be the worst in terms of income after housing. But WA is on top of the charts, with the ACT doing pretty well also.


Ease of travel

We took the centre of population of each of our capital cities, the mid-point of the population sprawl where as many people live north, as south of this point, and as many east, as west. From this centre of living we measured the average, non-peak hour driving time to the centre of the CBD marked by the GPO of each capital. We found that as we would probably expect, Sydney was the longest drive, about 33 minutes to get from the centre of population to the centre of the city, but the quickest trip of all was Brisbane with just 8 minutes.


Crime rates

This is the number of offenders per annum, per 100 people and the Territories book end the data here, with the ACT with the lowest crime rate nationally and the Northern Territory as the highest crime rate and the other states right in the middle. As measured by crime rates, the ACT is Australia’s safest place to live.


Weather

We measured this by looking at the average number of sunny days - totally clear days in a year. Tasmania not doing too well with a lot of cloudy, overcast days, but WA takes the crown with the most number of sunny days in any given year.



Watch Mark McCrindle's full interview on The Daily Edition here


Welcome to our blog...

We have a passion for research that tells a story, that can be presented visually, that brings about change and improves organisations. And we hope these resources help you know the times.

Our Social Media Sites

Facebook | McCrindle Research Social Media YouTube | McCrindle Research Social Media Twitter | McCrindle Research Social Media Flickr | McCrindle Research Social Media Pinterest | McCrindle Research Social Media Google Plus | McCrindle Research Social Media LinkedIn | McCrindle Research Social Media Mark McCrindle Slideshare


Last 150 Articles


Tags

facts affordable meetings poker master water train society 2016 overcast millionth megatrends sunny days social issues news wealth distribution supply and demand newspaper EFF suburb gold coast Social Trend education research ideas lalor park brand experience define census fail year 7 collaboration Population Clock entrepreneurs of today TDE criminal Do It Yourself click the australian dream monarchy emerging technologies brands generation aussie culture parents TAS Australian Dream study Australians Australian Bureau of Statistics culture ABS learning styles authenticity cash weather results twentyseventeen moreton bay medicine NBRS australian communities trends report mccrindle generations Wagga Wagga youth James Ward greatness high school optimistic social research baby boomers Australia street researcher the great screenage meals Sydney keynote speaker Australian Families winter blues Andrew Duffin community engagement housing public holiday tertiary education the average aussie acf15 plans friendship research visualisation trades financial dreams cancelling event Christmas presents collaborative market research church February 16 Christmas season teaching presentations potts point personalities Crime Rates future of work social change schools students engagement generational trends etiquette seasons global financial crisis data baby name trends shopper's pick sydney event ipswich infographic Geoff Brailey speaker eliane google affordability eliane miles January 26th statistics communities housing growth educhat CBD safe sentiments Adelaide commute Caregiver Generation Y typical australian organisations sydneysider education leadership workshop gen z workplace crows nest waverton list easter visualisation demography baby boom internet storytelling HSC thought leadership relational research pack resource tv house Aussie unaffordable Canberra aged care unemployment community event spirituality students rent nfp media activity schools urban living Tasmania infographics daily telegraph communicate trend tuesday Wellington SMART FPA faux-cilise in the media not for profit cold career neutral bay life the changing face of woolworths follow society trends Love innovation growing population Sydney Hills Business Chamber low density Myth Queensland: QLD generation alpha rental stress brand program marketing The ABC of XYZ repayments online shopping tableau optus my business awards keynote office space optus school satisfaction internships Christchurch faux-cilising DESTEL Vocational education McCrindle Speakers ACT charity keynote speaker product educated The Daily Edition pyrmont 2015 demographics bus sydney speaker census data rich breakfast research data community tips hopes australian communities forum screenage change future village event training kate middleton trends Australian Population menai Kirsten Brewer presentation social researcher belief innovative Royals NBRS Architecture debate public speaker national wealth baby names investor divorce rate local Generation X mobile Northern beaches Event social researchers skills sustainable clothing earnings teacher workplace culture annual income Hornsby Shire Council land of the middle class global generations motivate media commentary SA dream data visualisation balance socialites FOMO consumer mover and shaker Australian Trends owning a home post rationalism Research Executive new york times student housing market bondi hills shire award education future report christmas ashley fell entertainment vegemite wage moderators guide finance shifts winter family conference priorities local community young australians social analysis rule keeper world cultural diversity teach data analyst SMSF holidays entrepreneurial Sydney city visual not-for-profit speakers pack sector wide study employment school students baby names report baby name education future government goals futurist Assistant Store Manager pharmacy shopping NEETs capital city grave decision population map learn sector wide royal family future of education environmental scanning micro economy Financial Planning Association housing trends financial fears wedding global millennials spend mythbusting going out hills forecast Skilling average sydneysider census results Northern Beaches wolloomooloo professional development workforce lifestyle small business salary household mentor population transport marriages organisational culture social life huffington post focus group future proofing Word Up Engineering Manager wealth and income changing face of sydney mccrindle in the media online Australian Census census 2016 energy focus groups prince george the hills Financial Planning Association of Australia cars omnibus marriage New Zeland sydney metro jobs of the future perth trends of 2017 food couple google for education hornsby happiness purpose tattoos future of shopping domestic VET sector gender 2020 REIV Conference Scouts social shifts 1975 slideshare politics dare to dream business publication blaxland fears shopping centre professional services vegetarian Northern Territory year 12 identity youth unemployment sector Res Vis manly CPI jobs average aussie social Work place sydneysiders travelling Christmas lunch engage Australian schools office Channel 7 Births in depth interviews hello fresh thrive state future proof divorce celebration analysis REIV National Conference university degree holiday debt australian social research emerging trends daily commute australia Real Estate Institute of Victoria customer VIC communications business performance christian Research Director demographic transformations conference presentation mother's day summer proactive staff crime ACF easy rider cica Hills Shire Council millenials 1994 father's day IT Specialists commuters cloudy days careers 24,000,000 builders office opening high density aged care puzzle communication insights social commentator mythbusters school darwin ethnography financial independence anzac princess charlotte micro apartments social enquiry generation Z buildings national crime rates goal investment house price high density living networking insight home demographer trend Australian Home VET residents research report Mark McCrindle wages Valentine’s Day research professional presenters financial 2016 census men property GPO earning royal influence social commentary entrepreneur Merry Christmas young people brisbane wealth World Water Day sports national private wealth income growth responsive Gen X retirement sun christianity area car mccrindle research bureau ACF 2016 learning friends long weekend graphs litter demographic trends group session poor trends analyst mortgage 10 years child care tea sunburnt country teleworking Gen Y group dreaming Deaths baby names australia report dessert media release wealth and income distribution cooking stay home parenting cancel plans home ownership logan contiki survey average Australian resilience consumerism names mccrindle tea rain future-proof Financial Planning Week 1980 story 40 million Western Australia Northern Beaches Christian School Melbourne work-life census mateship ashley mckenzie selfie alpha urban taskforce population milestone English shbc forecasting tuesday pharmacies Netflix investing royal sydneycity showreel report learner increasing densification 1968 mining boom System's Architect participants property market New South Wales speakers Duchess of Cambridge Tuesday Trends rising house prices toys narcissism urban living index renting JOMO housing affordability travel paying to work capital cities world youth day challenge religion New Zealand socialising SRE Queensland impact households education sector cancelling plans events culturally diverse university population growth offenders quote video house prices fresh royal baby 2017 sydney hills high density apartments Australian communities townhouses curiosity DIY ease of travel teachers public speaking survey design non profit #censusfail deloitte outsourcing home owner know the times Australian Communities Trends volunteers WA NT workshop marrickville Aussies South Australia budget cultural diveristy Real Estate 2014 intern staying in NSW professional healthy future Education Future Forum employers victoria case study qualitative research snapshot work mates grandparents research services environment 24 million social trends local communities hobart stats media emerging generations demographic ageing population urban professional speaker states Australia Day wellbeing cost of living baby Macquarie University conference speaker business index property price Tuesday Trend apartment "know the times" 23 million experience 2013 faux-ciliser ferry financial future recap 2012 middle class conferences social impact cartodb families norwest award winner language the hills shire apartments renter of the future infographic wall relevant Charlotte equip weekly earnings new office rise of local australians staying home more children digital baby name predictions panel real earn social media coffee gen alpha social lives Australian demographics Territory house price rise geomapping living ultimo work women ageing Kiwi cost faith PSI Australia Day 2017 trends of 2016 personal growth leadership leader internship Wodonga suburbs interactive technology Bathburst forum suburban living Channel Seven economic 2016 census results

Archive