Australia - Housing Affordability
Since 2014, Australia Housing Affordability fell by 0.2points year on year. In 2019, the country was number 16 comparing other countries in Housing Affordability with 79.7 Percent of Household Income Minus Housing Cost. Australia is overtaken by Germany, which was ranked number 15 at 79.9 Percent of Household Income Minus Housing Cost and is followed by Ireland with 79.6 Percent of Household Income Minus Housing Cost. South Korea topped the ranking with 85.1 Percent of Household Income Minus Housing Cost in 2019, +0.2points versus 2018. Estonia, Hungary and Russia respectively ranked number 2, 3 and 4 in this ranking. Latvia recorded the best 5 years average growth at +0.4points per year, while Finland witnessed the worst performance at -0.4points per year.
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| Date | Percent of Household Income Minus Housing Cost |
|---|---|
| 2019 | 79.70 |
| 2018 | 79.80 |
| 2017 | 79.80 |
| 2016 | 80.00 |
| 2015 | 80.10 |
How does Australia rank in Housing Affordability?
| # | 35 Countries | Percent of Household Income Minus Housing Cost | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
85.10 % | 2019 | +0.2 % | +0.2 % | View data | |
| 2 |
#2
Estonia
|
83.60 % | 2019 | +0.2 % | +0.3 % | View data | |
| 15 |
#15
Germany
|
79.90 % | 2019 | +0.1 % | +0.2 % | View data | |
| 16 |
#16
Australia
|
79.70 % | 2019 | -0.1 % | -0.1 % | View data | |
| 17 |
#17
Belgium
|
79.60 % | 2019 | +0.0 % | -0.0 % | View data | |