Overview
The ANZ CoreLogic Housing Affordability Report is a guide to the trends and main drivers of housing affordability across Australia.
The latest ANZ-CoreLogic Affordability Report shows affordability metrics deteriorated across most of the country in 2024, due to rising home values. Rents have also continued to rise, though the pace of increases in both housing prices and rents moderated in the latter part of the year.
What is included?
Affordability challenges persist
Median dwelling value to income ratio is up to 8.0, from a 20-year average of 6.7
Rental market squeeze
Shifting dynamics mean renters will continue to struggle
Shift in price rankings
Perth, Adelaide and Brisbane have been beneficiaries of strong interstate migration and jobs growth