Redefining Sydney’s urban lifestyles

Wednesday, December 13, 2017

It was a pleasure to partner with Urban Taskforce Australia to produce the “Sydney Lifestyle Study”, launched to a room of urban developers, government representatives, and industry stakeholders this week.

The 2017 Sydney Lifestyle Study is a first-ever research study on Sydney’s apartment dwellers. Insights from the ABS and a new survey of 1,503 Sydney residents shed light on the different demographic segments in Sydney apartments and their lifestyle choices, habits, motivations and reasons for choosing apartment living.

Click here to download the full report.

Sydney’s changing lifestyles

Australia in the 1990s

A lot has changed in Australia over a very short period of time. Over a quarter of a century ago, in the year 1991, the population of Australia had just surpassed 16 million.

  • The median age was 32 years old and median individual income was just $13,950 per annum.
  • More than one in three (36%) Australians lived in New South Wales where individual income was slightly higher at $14,395.
  • Home owners in New South Wales paid a median monthly mortgage repayment of $627 while renters paid just $128 per week.

Modern Sydney

Fast-forward to today and the Australian population is on track to reach 25 million persons in early 2018.

  • That’s more than 50% higher than in 1991.
  • Our population has increased our median age to 38, both nationally and in New South Wales.
  • Today, median personal income in New South Wales has reached $34,528 per year while median mortgage repayments have more than doubled at $1,986 per month.
  • Median rent has nearly tripled to $380 per week.

Sydney’s urban lifestyles

Such population growth is changing the housing stock in Sydney. Sydneysiders have been trading traditional detached homes for apartments at an increasing rate. Currently, 30% of all households in Sydney’s urban area now live in apartments.

Sydney’s growing apartment market is comprised of nearly half a million households, representing many diverse cultures, languages and backgrounds.

McCrindle has identified four emerging urban family household types within Sydney’s apartment market. These are Vertical Families, Cosmo Couples, Solo Metropolites and One-Parent Households.

Vertical Families

Vertical families make up one in five apartment households (20%).

They are most likely to be young Gen Ys as nearly two in three (64%) are aged between 23 and 37.


Cosmo Couples

The second emerging family type who are increasingly adopting the apartment lifestyle are urban couples.

The number of couples with no children living in apartments has increased by 21% since 2011 and now represents over one quarter (27%) of apartment households.

Solo Metropolites

Sydney’s largest apartment segment is made up of lone persons (34%).

Three in five are renters (63%) and the largest generation represented are Baby Boomers aged between 53 and 71 (37%).


One-parent families

The fourth urban segment is one of the smallest but by no means insignificant. Single parents with children comprise one in 12 apartment dwellers (8%) in Sydney.

Single parents living in apartments are most likely aged between 38 and 52 (49%).


Sydney’s future forecast

Sydney in 2024

If the current trends observed across Sydney over the past five years continue, the number of traditional detached houses could drop to 49% by as early as 2024.

Filling the gap apartments would then make up 34% of Sydney’s total housing stock. The remaining housing stock (17%) would be made up of semi-detached or terrace housing.

These insights and more can be found in the Sydney Lifestyle Study Report.


GET IN TOUCH

For more information on our research and visualisation services, please feel free to check out our Research Pack, or get in touch!

P: 02 8824 3422

E: info@mccrindle.com.au

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

online leadersip The ABC of XYZ Northern beaches Event NFP event employmer sector wide click google cancelling event motivate travel internship millionth population milestone christmas 2017 workshop dare to dream research services Australian Trends transport focus group socialising ageing educated aged care puzzle trend conference presentation New South Wales prince george twentyseventeen commute finance royal business performance 1980 social change 40 million rent rain gen alpha online shopping child care groceries Elderslie-Harrington park employment Engineering Manager national private wealth ACT affordability Lower Hunter Region narcissism marketing suburban living house price live the dream generations housing market emerging technologies Sydney population royal family property market plans TDE ACF17 interactive Australia Day 2017 purpose Foodbank Australia vegemite care support event TEDx Speaker USA professional development baby demographic thrive trends of 2017 Do It Yourself cooking volunteers emerging generations #censusfail crime affordable WA waverton global budget housing affordability water optus sector shopping award unemployment ACF2017 sunburnt country princess charlotte communication social issues outsourcing generation alpha not-for-profit census fail toys office opening growth 2012 1968 divorce business brands education sector speakers mythbusters communications faux-cilise mentor dream government 2017 manly poker master resource Lower Hunter australian Australian community trends australian communities forum DESTEL Kirsten Brewer collaborative staying in deloitte wages Australian Communities Trends earn Western Australia the hills shire mccrindle wealth and income distribution micro apartments sydneysider food insecurity property development small business suburbs nfp storytelling employmee young people learning styles group forecast Melbourne salary careers volunteering data food Births mover and shaker aussie culture research seasons experience world youth day surname states keynote speaker energy Christmas Stats case study TED collaboration Mark McCrindle local communities research visualisation Jura Coffee SMART brand experience rule keeper workforce high density mythbusting millenials future market research skills award winner wolloomooloo public speaking shopping centre future proofing schools students mateship Northern Beaches Christian School pharmacies average aussie cultural diveristy Skilling the australian dream Australia street education relevant growth of sydney business index conference speaker travelling recap digital money urban living index stats church happy holidays global retail micro rising house prices christianity cartodb choice workers research pack Charlotte housing growth Education Future Forum Gen Z Expert debt Christmas research REIV Conference Understanding and Engaging with Generation Z criminal rumbling tummies showreel education future report women victoria dessert children economic environment urban hills shire Christchurch supply and demand financial planning news ageing population JOMO census 2016 financial future professional speaker mccrinlde 23 million cold media commentary volunteer eliane miles 10 years organisational culture school urban taskforce meetings Australian Home safe The Daily Edition growing population 2016 the lucky country darwin Tuesday Trend relational qualitative research chairty unaffordable sydney speaker new york times professional services wealth inequality tuesday cost of living demographic transformations Generation X faux-ciliser social researchers Maxim Accounting statistics coffee lovers school students christian fresh annual income winter blues South Australia product NBRS Architecture demographic analysis optimistic data analysis capital city TED talk professional future of work baby name predictions mccrindle in the media gig anzac Millennial home owner social media new office teleworking australian community trends report Christmas data social trends buildings celebration donation maiden names huffington post EFF survey etiquette baby names authenticity youth offenders Netflix Australians faith and belief Christmas presents car overcast sunny days gold coast presentation conferences leadership workshop belief Australian Families Australian schools sophie renton going out living investing year 7 Sydney keynote speaker global generations gen z entrepreneurial google for education sector wide study population cloudy days who is generation z career hunger pharmacy System's Architect CPI holiday baby boom Crime Rates Royals volunteering urban development social analysis 1975 sydney hills suburb holidays survey design cash millennials work innovative capital cities New Zealand SMSF CBD australian real estate religion PSI food bank baby boomers goals Merry Christmas greatness local infographic state Mount Annan-Currant Hill investment neutral bay customer financial fears HR ACT Report life entrepreneurs of today resilience bureau census data healthy future tv TEDx hills social shifts English Geoff Brailey property price family organisations owning a home research report trends of 2016 James Ward media entrepreneur hornsby sydneycity personalities ashley mckenzie bondi wage "know the times" Social Trend future-proof faith Gen Y Wodonga trends analyst change friends census results 2009 demographic trends renting students dreaming baby name low density rich Kiwi mobile couple university analysis Population Clock child hunger employers 2016 census average Australian pyrmont Duchess of Cambridge intern Gen X norwest communicate Research Executive Word Up jobs financial dreams earning Retail divorce rate school satisfaction GPO sun social analyst in depth interviews 2016 census results kate middleton Res Vis gender hobart entertainment hello fresh culture acf15 cultural diversity woolworths priorities cost community engagement program litter research on coffee census insights population map retirement in the media Territory families McCridle Mark McCrindle in the media generation Australian Dream donate New Zeland challenge residents financial shbc futurist goal Vocational education eliane vegetarian learning personal growth technology urban living australian communities trends report weekly earnings Channel 7 research data teachers facts 2013 average sydneysider Queensland area mortgage social enquiry Christmas in Australia faux-cilising household sydneysiders social lives World Water Day McCrindle Keynote Speakers education future maiden households Sydney’s south west conference student domestic February 16 australians staying home more 1995 younger generations ideas equip the average aussie daily telegraph community rental stress jobs of the future focus groups cancelling plans researcher wealth Financial Planning Association grandparents VIC builders report crows nest sydney market VET networking giving data visualisation Australian Bureau of Statistics ACF Northern Territory china Christmas day weather engage menai ferry the changing face of income IT Specialists Aussie Love demographics spirituality teacher Christmas lunch nativity scene tertiary education future proof tips repayments Christmas day Australian demographics consumerism spend generation Z marriages Black Friday in Australia cancel plans 2014 community event weather HSC population growth forecasting 2020 apartments future generations future of shopping media release Generation Y mother's day winter local community non profit contiki learner ACF 2016 culturally diverse Performance Sentiment Index visualisation australia brisbane baby names report Bathburst FOMO national crime rates 2015 define selfie visual poor increasing densification Aussies emerging trends train national wealth Wagga Wagga newspaper the great screenage NT social impact future of education insight parents sustainable 24,000,000 housing trends social life Wellington language ethnography young australians cica ultimo grave decision Black Friday blaxland economy teach tattoos alpha charity baby names australia report marrickville video medicine tableau workplace culture lifestyle teaching social commentary 24 million home ownership global generation land of the middle class commuters presentations media activity happiness ABS Hills Shire Council shopper's pick professional presenters data analyst men follow Black Friday Sales sports dreams engagement surnames middle class innovation sydney metro Work place office demography social commentator wedding leader apartment group session Caregiver sydney property market mining boom public speaker public holiday summer royal baby coffee mccrindle tea infographics logan city schools Hornsby Shire Council father's day Real Estate not for profit seasons greetings easter politics education research screenagers earnings world know the times Sydney Hills Business Chamber Valentine’s Day debate casual typical australian internet society study mccrindle research curiosity geomapping year 12 clothing marriage leadership social christmas thought leadership Cobbitty-Leppington long weekend Hunter Valley list house price rise staff moreton bay Assistant Store Manager wellbeing FPA Financial Planning Week snapshot omnibus renter of the future names Christmas season workplace stay home events Deaths Australian Population publication perth friendship high school lalor park work-life infographic wall McCrindle Speaker Australian communities gig economy monarchy sentiments screenage Financial Planning Association of Australia Scouts Tasmania the hills breakfast village story youth unemployment NEETs SRE data participants REIV National Conference responsive generational trends public transport easy rider fears aged care learn charities slideshare christmas trees baby name trends Adelaide communities educhat SA speajer Real Estate Institute of Victoria DIY 1994 townhouses wealth and income moderators guide impact house prices Queensland: QLD NSW Canberra ease of travel Australia Day house post rationalism bus keynote Jura Australia property rise of local Myth the future parenting hopes meals housing global generaion balance trends trend tuesday What is food insecurity? real graphs office space internships Macquarie University paying to work digital economy ashley fell cars McCrindle Speakers Research Director VET sector Willowdale Northern Beaches do people still change their surname after marriage? australian social research high density living environmental scanning india shifts social researcher Sydney Tuesday Trends proactive quote Andrew Duffin commuting university degree demographer changing face of sydney tea TAS investor US financial independence Sydney Lifestyle Study wealth distribution home potts point work from home speaker trades optus my business awards Channel Seven speakers pack daily commute royal influence megatrends results indonesia high density apartments work mates consumer not for profit research ipswich socialites training social research Business analysis brand forum sydney event global financial crisis society trends identity January 26th NBRS panel Australian Census

Archive