Is your local housing market supplying for vulnerable households?

Abstract

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.