Housing costs for Australian homeowners without a mortgage were around three percent of household income in 2020. The house price to income ratio has continued to increase since 2020 in the country.
Housing costs as a share of household income for homeowners without a mortgage in Australia from financial year 2001 to 2020
Australia's financial year runs from July of one year to June of the following year; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017.
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Australian Bureau of Statistics. (May 25, 2022). Housing costs as a share of household income for homeowners without a mortgage in Australia from financial year 2001 to 2020 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1030574/australia-housing-costs-as-share-of-income-owner-without-mortgage/
Australian Bureau of Statistics. "Housing costs as a share of household income for homeowners without a mortgage in Australia from financial year 2001 to 2020." Chart. May 25, 2022. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1030574/australia-housing-costs-as-share-of-income-owner-without-mortgage/
Australian Bureau of Statistics. (2022). Housing costs as a share of household income for homeowners without a mortgage in Australia from financial year 2001 to 2020. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1030574/australia-housing-costs-as-share-of-income-owner-without-mortgage/
Australian Bureau of Statistics. "Housing Costs as a Share of Household Income for Homeowners without a Mortgage in Australia from Financial Year 2001 to 2020." Statista, Statista Inc., 25 May 2022, https://www.statista.com/statistics/1030574/australia-housing-costs-as-share-of-income-owner-without-mortgage/
Australian Bureau of Statistics, Housing costs as a share of household income for homeowners without a mortgage in Australia from financial year 2001 to 2020 Statista, https://www.statista.com/statistics/1030574/australia-housing-costs-as-share-of-income-owner-without-mortgage/ (last visited December 19, 2024)
Housing costs as a share of household income for homeowners without a mortgage in Australia from financial year 2001 to 2020 [Graph], Australian Bureau of Statistics, May 25, 2022. [Online]. Available: https://www.statista.com/statistics/1030574/australia-housing-costs-as-share-of-income-owner-without-mortgage/
