Industry Report into Affordable Home Ownership in Australia (August 2007)

The UDIA has prepared this report as a contribution to the debate on solutions to address the housing affordability crisis in Australia today. Commencing with an analysis of housing affordability and the importance of home ownership, this report analyses affordability using the UDIA/Matusik Affordability Measure.

Research was undertaken across 70 designated population centres in Australia with centres being categorised as being either affordable, having some constraints, being seriously constrained or unaffordable on the basis of the capacity of households on average incomes to purchase specified percentages of the housing sold in their local area.

This report also examines the current situation in each mainland Australian state and the Australian Capital Territory from the perspective of each state branch. It also details strategies recommended by UDIA state branches to address diminishing levels of affordability.

The UDIA has analysed a broad range of options that would improve affordability if implemented. this report makes a series of recommendations that have arisen out of those options and these are detailed in the report. Based on these findings, it is the view of UDIA is that there is an overwhelming need for the development and implementation of strategies and plans to deliver joint national/state initiatives to improve housing affordability in Australia.

Part 1 - UDIA National Report on Affordable Home Ownership

Part 2 - UDIA State Reports on Affordable Home Ownership and UDIA Matusik Findings

Part 3 - UDIA Matusik Affordability Measure 2007 (Abridged Report)

Appendix - UDIA Matusik Affordability Measure 2007 (Unabridged Report)

National Media Releases - 6 August 2007
Industry urges Gvt to act now on affordability audit findings

Call for Ministerial Council on Housing Affordability

UDIA calls for solutions to assist first home buyers

Recommendations for more affordable housing

Housing bodies invite UK expert to advise on affordability crisis

National Media Contacts

Mr Grant Dennis
UDIA National President
0413 836 837

Mr Brian Stewart
A/UDIA National Executive Director
0412 484 141

Ms Susan McCosker
UDIA QLD Public Relations Manager
0422 567 667

(Click on the relevant link below for state media contacts)

State Media Releases
Click on the various links for each of the UDIA State office media releases and for specific state media contacts:

NSW       QLD        WA         VIC        SA

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