Housing Affordability in NSW [infographic]

Monday, January 30, 2017

We’ve all heard about the difficulty of buying into the housing market in recent times and the subsequent decreases in home ownership rates (in NSW, from 68% in 2004 to 63% in 2014). With less people able to afford a home in the current market, there have been increases in the numbers of people looking to rent in New South Wales, and particularly Sydney.

We were delighted to be commissioned by Churches Housing and Shelter NSW to uncover the story of rental unaffordability in New South Wales. Through this research, we discovered that finding an available, affordable rental property is becoming increasingly difficult, particularly for those in the bottom 20% of income earners.

The decrease in the availability of rental properties over the last decade or so, has been influenced by a number of factors. Rental prices have increased due to the increased numbers of people looking to rent, and in past decades, rental prices have grown faster than income.

The infographic particularly highlights the difficulties for the bottom 40% of income earners in looking for appropriate rental properties. The term ‘rental stress’ is used to describe those in the bottom 40% who are spending over 30% of their income in housing costs. In 2013-14 NSW had the highest proportion of low income households experiencing rental stress, at 76% (compared to 68% nationally). For these households, rental stress can impact on other areas of life, including health care, schooling, diet and in the worst case can sometimes lead to homelessness. 


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

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

Archive