ANZ CoreLogic Housing Affordability Report 2022

ANZ and Corelogic Australia Housing affordability

 

The ANZ CoreLogic Housing Affordability Report is a guide to the main trends and drivers of housing affordability across Australia.

 

DOWNLOAD REPORT

 

From the end of September 2020, through to the end of March 2022, Australian home values underwent an extraordinary upswing. During this period, the national CoreLogic Home Value Index increased 27.8 per cent. Across Australian capital cities and broad ‘rest-of-state’ regions, increases in the index ranged from gains of 14.7 per cent across regional Northern Territory dwelling values to 42.4 per cent in regional NSW.

 

CoreLogic rent values have also significantly grown following a small decline at the national level  coinciding with the onset of COVID-19. Between August 2020 and March 2022, the CoreLogic Rental Value Index increased 13.8 per cent with advertised rents now around 13 per cent higher than they were prior to the pandemic.

 

While the upswing in rents and property values has generated increases in wealth and investment returns for many property owners, it has created greater affordability challenges for those who are renting, and those looking to purchase their first home.

 

You can download a copy of the full report via the link below.

 

DOWNLOAD REPORT             

 

LOCATIONS WHERE IT’S CHEAPER TO BUY - PDF  

 

PORTION OF INCOME REQ TO SERVICE RENT

 

Related Articles

ANZ CoreLogic housing affordability Report 2021

The ANZ CoreLogic Housing Affordability Report is a guide to the trends and main drivers of housing affordability across Australia.

IN CHARTS: is renting out of reach in regional Australia?

The latest ANZ CoreLogic Housing Affordability Report shows record low rental affordability in regional Australia where rents can be greater than the cost of servicing a mortgage.

Aus housing: a soft landing

After record annual gains, Australia’s housing market is coming off the boil. Expect prices to fall modestly in 2023.