Future Housing Taskforce

Housing Affordability in Australia

Australia is the most unaffordable country for housing in the English speaking world and has been for 6 years running!*
*Annual Demographia International Housing Affordability Study, 2009 .

The Future Housing Taskforce is working together with councils, builders and land developers to turn this unenviable position around by creating smarter and more affordable houses for the future. 

This is not an easy task.

Put simply, an affordable home should not exceed 33% of your net surplus income. 
If this sounds confusing then simply click on one of the following case studies to
find out what affordability really means to you.

 


CASE STUDY 1

• Peter
• Single
• No children
• Income $54,216


   
CASE STUDY 2

• Bill and Rachael
• Couple
• No children
• Combined income $79,110


   
CASE STUDY 3

• Damien and Melissa
• Married
• 2 children
• Combined income $107,352


   
CASE STUDY 4

• Mathew and Kate
• Married
• 3 children
• Combined income $110,700


   

Median House Prices Today 

City:   Median House Price
Brisbane:                  
Sydney:                    
Melbourne:               
Adelaide:                  
Perth:          
$445,000
$517,250
$480,000
$387,500
$475,000
Source: RP Data May 2010  


As you can see from the above table, house prices are moving well out of reach for many Australians. The Future Housing Taskforce is committed to bringing affordability and sustainability back to housing. We want to know that our teachers, nurses and firefighters can responsibly afford their own home and we will keep working hard until we achieve this goal.

Our Goal:

  • To deliver smart, sustainable and affordable homes and land from $285,000

How are we going to achieve this?

  • By working closely with builders, developers and local councils around Australia to bring about real change. 
  • By thinking ‘outside the box’ and coming up with new and innovative ways to build homes
  • By working with the housing industry to deliver central locations where Future Housing can be viewed by the public.




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