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How do you know if your local housing market is providing affordable housing options for households on the lowest incomes? We’ve heard that this is a pain point for many Councils across Australia. Many want to have access to this sort of information to assist in their advocacy activities, and for negotiating with developers – showing that affordable supply is limited and asking for a contribution of affordable dwellings is a valid request.
Median house and unit prices, and median rents are potentially an answer to this question, but they don’t give you an idea of the number of listings at a given price point, and often the median housing costs are not affordable for lower-income households.