Housing Affordability Report Australia 2025

This document is a report on housing affordability in Australia, detailing metrics and trends as of September 2025. It outlines the significant decline in affordability over the past five years, with key metrics reaching new highs, including the price-to-income ratio and the years required to save for a deposit. The report indicates that the median house value is now 8.9 times the median income, and it takes nearly 12 years to save for a 20% deposit. The share of income needed to service a mortgage stands at 45%, reflecting the ongoing challenges faced by households. The report also discusses the impact of various factors, including pandemic-era monetary policies, migration trends, and supply constraints, on housing prices and rental costs. Additionally, it highlights regional disparities in affordability, with Sydney identified as the most expensive city. The document presents a comprehensive analysis of the evolving housing market dynamics in Australia, emphasizing the growing divide between property owners and non-owners.