A new report shows that housing prices are rising, and the waiting list of social indemnificatory apartment is longer and longer.
Only 67.5 percent of households own their own homes, down from 71.4 percent 20 years ago, according to a report released Thursday by the Australian Institute of Health and Welfare.
Over the same period, the percentage of individuals renting homes rose from 18.4% to 25.3%, while the proportion of households rented by state and territorial housing schemes fell from 5.5% to 3.5%.
The report points to a decline in new housing allocations, an increase in public housing life, changes in state and territorial housing plans and a decline in the number of public rental housing.
Since the 1980s, housing affordability has declined, demand has put pressure on prices and has pushed low-income households out of the market.
However, the report said that despite "significant increases" in house prices in Australia in recent decades, prices across Australia have not risen consistently.
Sydney has seen the biggest rise in house prices, especially over the past five years.
Hobart, by contrast, has the lowest median home price, currently less than half that of Sydney.
Internationally, Australia ranks 29. 9% of 37 OECD countries in its housing ownership rate.
However, homeowners are demobilized, similar to Britain and Portugal.