Housing Market Statistics
As of December 2013, Australia had a total of 8.46 million dwellings, of which 69% were owned and 31% rented.
Australia’s housing market is seeing a steady rise in rented housing as house prices have increased by over 70% while earnings have only increased by about 56%.
As of December 2013, Public Housing comprised around 19% of the total rented dwellings in Australia.
With 414,629 social housing dwellings in 2013, the waiting list for social housing was 217,536, rising by 8.7% over the previous year.
Due to an increase in private rental rates (75% for houses and 90% for apartments from 2002 to 2012) more people in Australia are considering social housing