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

mccrindle in the media focus groups paying to work recap outsourcing investment trends analyst blaxland EFF average Australian mortgage Kiwi teleworking weather house price rise collaboration world FOMO work environmental scanning small business child care financial Northern Territory ashley mckenzie area wolloomooloo DESTEL insights easy rider data analyst wealth TED baby boomers ACF17 Australian Census keynote dare to dream faux-ciliser follow language Gen Y financial independence brands workshop Christmas season jobs generation alpha car rental stress brisbane ferry Queensland: QLD high density living gig economy Australia Day 2017 Australian Trends the hills shire HSC quote overcast megatrends social research debt cooking research services visualisation English priorities Financial Planning Association Love culture award Res Vis ACT South Australia global financial crisis researcher travelling population map showreel cash define baby names report dream religion baby name predictions holiday children 2012 increasing densification rise of local Deaths weekly earnings sunburnt country resource city news dreams event ideas names criminal new york times hills shire gig thrive finance couple Education Future Forum urban living index salary shopping centre not for profit Vocational education logan house prices sentiments healthy future Aussie women Geoff Brailey media release population training prince george infographic wall unaffordable princess charlotte Australian Population eliane results generation Z networking social shifts Social Trend Hills Shire Council learn identity innovative group medicine SMART high density apartments impact house daily commute engage communicate housing royal family commuters Wagga Wagga TDE kate middleton participants population milestone cultural diveristy sector 23 million NBRS internet social researcher 1975 contiki community CPI google Research Executive Skilling baby names NSW millennials winter blues media activity property New South Wales community event February 16 economic professional presenters Caregiver moderators guide social commentator plans NFP event christmas urban speakers Australian Families sun volunteering media micro apartments sydneysider socialites sydney metro meals digital clothing professional speaker waverton change sports social life cartodb future of shopping relational relevant university degree mccrindle research public holiday real future proof Work place #censusfail ultimo church tuesday non profit trends of 2017 motivate local community 1980 marriage average sydneysider grandparents trades national crime rates generational trends deloitte monarchy SMSF sydney speaker affordability Christmas presents mythbusters sydney hills the hills ACF 2016 careers Crime Rates Northern Beaches Christian School sector wide study leadership Sydney keynote speaker youth unemployment wage government leader forum social student youth global dessert Financial Planning Association of Australia infographic Tuesday Trend wedding ashley fell charities marriages business vegemite marrickville in the media high school faith James Ward social change shifts economy research workplace culture ethnography panel wages housing growth huffington post lifestyle Myth local sydney event Channel Seven January 26th stay home DIY trends of 2016 food gen alpha The Daily Edition rain employers crime post rationalism Northern beaches Event internships ACF2017 Generation X mccrindle tea 2015 TEDx mobile low density darwin social researchers social analysis rent Australian Communities Trends village storytelling seasons census eliane miles resilience buildings Births new office ageing emerging technologies townhouses parenting charity baby names australia report state 24,000,000 pharmacy Gen X neutral bay professional census fail sunny days cancelling event school students men apartment NEETs marketing Australian demographics Bathburst SRE hobart micro online shopping REIV National Conference affordable ACF aged care puzzle future proofing growing population TED talk engagement travel capital cities google for education Sydney NBRS Architecture video teach focus group australian communities trends report trend tuesday hills list The ABC of XYZ cold learning friendship work-life presentation social lives national wealth bondi Australians CBD fresh celebration slideshare optimistic cost of living research report generations states Australia Day futurist business index communication market research teaching sydneycity year 12 vegetarian commute the great screenage business performance university home owner baby name trends faux-cilising conference presentation wealth and income distribution demography public speaking goals conferences optus my business awards Valentine’s Day earning snapshot story spend high density spirituality research data proactive world youth day cloudy days royal influence Real Estate Institute of Victoria pharmacies award winner Word Up media commentary tips households innovation society technology employment demographic royal baby tea easter rule keeper families lalor park study retirement New Zealand changing face of sydney parents Western Australia holidays goal school volunteers Aussies data victoria optus Research Director investor publication mining boom entrepreneurial millionth australians staying home more gold coast repayments australian home millenials not-for-profit JOMO middle class demographic trends REIV Conference Hornsby Shire Council demographics trend emerging generations suburb Wodonga faux-cilise Mark McCrindle organisational culture communities residents crows nest domestic visual sydneysiders rich office opening sector wide financial planning GPO Northern Beaches education future report politics generation young people poker master entrepreneurs of today gender Territory customer 1994 conference speaker living Assistant Store Manager Do It Yourself organisations 2016 census life investing Adelaide young australians money urban living alpha Channel 7 shopper's pick tableau Queensland future of work financial fears divorce rate click mythbusting group session choice workers workforce case study Wellington socialising australian communities forum mother's day moreton bay jobs of the future analysis office manly pyrmont Christmas lunch culturally diverse suburbs social commentary housing market WA shopping the changing face of VIC hopes Charlotte research pack career belief 1968 survey design purpose stats breakfast demographer social media Australian Home public speaker Financial Planning Week perth household interactive events greatness potts point property market earn education future christianity school satisfaction schools students online education research cica australia "know the times" twentyseventeen omnibus narcissism friends report mateship divorce nfp train baby name daily telegraph System's Architect 2016 census 2016 the australian dream 10 years forecast bureau speaker geomapping chairty grave decision 40 million supply and demand mentor Royals unemployment insight Andrew Duffin teacher educhat census results apartments growth entrepreneur selfie education sector future of education litter learner australian community trends report speakers pack qualitative research New Zeland future challenge know the times australian social research learning styles forecasting earnings social impact communications safe cancelling plans Sydney Hills Business Chamber wealth distribution IT Specialists energy thought leadership live the dream Christchurch keynote speaker Real Estate graphs property price tattoos poor coffee suburban living brand education in depth interviews etiquette staying in home ownership mover and shaker experience social enquiry environment Australian Bureau of Statistics hello fresh financial dreams summer meetings statistics annual income World Water Day aged care cultural diversity toys product social issues financial future wealth and income consumer Merry Christmas presentations 24 million 2013 builders balance gen z program casual Melbourne 2014 tv workplace aussie culture debate future-proof personalities capital city shbc woolworths family emerging trends anzac mccrindle owning a home ipswich sustainable cars ageing population typical australian renting Australian communities Generation Y teachers urban taskforce Tasmania Canberra screenage newspaper TAS baby year 7 fears housing trends Tuesday Trends responsive 2017 brand experience winter cost data visualisation local communities work mates conference cancel plans housing affordability baby boom going out VET schools entertainment rising house prices menai FPA ease of travel collaborative Macquarie University PSI personal growth norwest bus Australia street internship 2020 acf15 facts professional services NT income population growth Engineering Manager Duchess of Cambridge house price royal consumerism renter of the future equip curiosity intern christian tertiary education long weekend McCrindle Speakers budget educated average aussie Kirsten Brewer care support offenders Australian Dream students social trends leadership workshop hornsby global generations community engagement volunteer land of the middle class Population Clock transport Scouts professional development office space skills volunteering data the average aussie father's day SA 2016 census results trends dreaming society trends Australian schools water census data VET sector survey ABS research visualisation Australian community trends staff national private wealth infographics authenticity wellbeing happiness demographic transformations Netflix

Archive