US EditionAustralian households living too large in major property size mismatch
Most Australian households are singles or couples, but three- and four-bedroom homes dominate; experts suggest tax reforms to encourage downsizing and improve market efficiency.
- Property research firm Cotality's analysis shows a stark mismatch between Australian households and housing by bedroom count, highlighting many empty-nester households aged 65 and over holding larger homes.
- Over time, houses have become larger and market preferences prize three- and four-bedroom family homes, driven by home offices and spare bedrooms in the Australian housing market.
- Census and housing data reveal that couples without children and people living alone make up 61 per cent of households, while units and dwellings other than houses have risen to 40 per cent.
- Economists propose broad-based land taxes and scrapping stamp duty to encourage downsizing, while Eliza Owen, research head at Cotality, says government housing reform could be a solution despite political unpopularity.
- Strides on the supply side aim to establish well-located apartments in larger cities for smaller households, but experts caution downsizing is tough and governments must help young families facing high prices.
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13 Articles
13 Articles
Most Australian houses have space for bigger families. But that's not who's in them
New research reveals a mismatch between Australia’s housing stock and household size, with most homes built for families despite the majority of households being singles or couples without children
·Sydney, Australia
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The Standard+3 Reposted by 3 other sources
Big homes, small families: the Aussie housing mismatch
Aussie couples without kids and people living alone make up the majority of households but property data reveals...
·Warrnambool, Australia
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The Canberra Times+2 Reposted by 2 other sources
Empty nest crisis: 61 per cent of Australian households have just one or two occupants
Big homes and smaller households contribute to the housing crisis.
·Canberra, Australia
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Coverage Details
Total News Sources13
Leaning Left6Leaning Right3Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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