Latest news: Housing Crisis

While owning a home remains beyond reach for millions of Australians, those first home buyers who manage to crack the market may increasingly be getting in over their heads.

Australia's housing system is not just broken but in meltdown, and all levels of government must take urgent action to fix the crisis, Anglicare Australia says.

The housing crisis on the NSW South Coast hit home for Eurobodalla Shire mayor Mathew Hatcher early this year, when his family's rent jumped by $150 per week.

More than one in five homes sold across Australia in the past year attained a sale price of $1 million or more, CoreLogic’s annual Million Dollar Markets report reveals.

Over 7,400 people registered by ballot to purchase 51 blocks in Ginninderry’s newest suburb, Macnamara, and Canberra Liberals leader responded to the demand by urging the ACT Government to address the housing crisis.

Frontline workers and singles over 50 will receive "a leg up" into the NSW property market, with the state government to introduce a shared equity housing scheme in this week's budget.

An election promise by Zed Seselja has been championed by Liberals Leader Elizabeth Lee, who has raised a motion in the ACT Legislative Assembly this week calling on all MLAs to back the hoped-for release of the CSIRO Ginninderra site.

Rents in Canberra are increasing more than any other Australian capital city and there is no sign they're about to stabilise or come down.

Canberrans living on low incomes are being hit hardest by the biggest increase in cost of living in over 20 years, the 2022 ACT Cost of Living Report reveals.

While federal Labor’s suite of housing policies announced last week were applauded by the majority of national property, real estate and housing bodies, Liberal Senator Zed Seselja said Canberrans have been “abandoned” by Labor.

Kate and her (primary school aged) daughter have had to move four times in three years. 

Each side is offering something for first homebuyers this election, but the nature of the support is quite different.

The rental crisis in the ACT means many vulnerable people in the community are relying on government support to house themselves and their families.

The Community Housing Industry Association (CHIA) is calling for all parties to make crystal clear how they will deliver safe, secure and affordable housing for Australians who are priced out of the housing market, wondering how they can afford sky rocketing rents, or paying huge energy bills because their home is so poorly insulated.

The blame game for Canberra’s lack of housing affordability continues, with the Liberals pressuring the ACT Labor-Greens Government to act, while the local government claim it’s the Commonwealth’s fault.

Another quarter, another national house price record broken - but the median price for other dwellings in the ACT, such as flats, has declined.