Browsing articles in "QLD News"
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Jun 22, 2012

Rents and mortgages squeeze incomes: Census 2011

Data just released from the 2011 Census confirm what we already know: that rents and mortgages in Australia have grown faster than incomes, squeezing household budgets. Continue reading »

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Mar 21, 2012
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Last chance for Queensland Election candidates to act on housing

Tens of thousands of Queenslanders will be the real losers this weekend if election candidates do not make housing affordability a priority and commit to funding affordable rental housing, Australians for Affordable Housing has warned.

AAH Campaign Manager Sarah Toohey said housing affordability was a serious issue facing Queenslanders with over 180,000 households in housing stress – a term used to describe low income households who spend over 30 per cent of their budget on housing costs.

“Housing stress is a major concern for Queenslanders in metropolitan, regional and rural areas. There are over 55,000 households in Brisbane council alone in housing stress, with 34,000 those in rental stress.

“Households in Gympie, Fraser Coast, Gold Coast and Logan are suffering the most with 19 per cent experiencing housing stress, while Fraser Coast has the highest proportion of people under rental stress (46%).

“With the election fast approaching, we urge the candidates to commit to investing in affordable housing and in turn, take steps to relieve tens of thousands of Queenslanders from housing stress.

“The lack of housing policy coming from candidates demonstrates a real lack of understanding on their part of the real issues facing Queenslanders.

“The Queensland Election is an ideal time for candidates to make an immediate commitment to the creation of affordable housing. Policies that increase the supply of affordable housing, like building more public and community housing must be a priority.

“We urge all Queenslanders concerned about housing affordability to join the Housing Stressed campaign and put pressure on Governments to work together to address the housing crisis,” Ms Toohey said.

Australians for Affordable Housing is a coalition of national housing, welfare and community sector organisations working  to highlight the problem of housing affordability in Australia. For more information visit www.housingstressed.org.au

Spokesperson: Sarah Toohey, 0427 563 989/ Media enquiries: Stephanie De Campo, 0432 828 004

Follow AAH on Facebook and Twitter: @housingstressed

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Mar 16, 2012
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Candidates offer no relief as Queensland mining boom forces rents to rise

Renters in regional Queensland are experiencing massive increases in rents due to the mining boom and Australians for Affordable Housing is calling on candidates in the election to act to ensure that regional communities do not become too expensive to live in.

New analysis from Australians for Affordable Housing using bond data show that Western Downs, Gladstone, Rockhampton and Mackay council areas are all seeing massive increases- of up to 46 per cent- in rents for both houses and flats in the 12 months from 2010 to 2011.

The biggest increases were for 2 bedroom flats in Gladstone (up 46 per cent) followed by 3 bedroom houses in Gladstone (up 44 per cent). Two bedroom flats in Western Downs rose by 33 per cent and in Mackay by 15 per cent and Rockhampton by 14 per cent. A full list is attached.

“Growth in mining is helping to support employment but rising rents have an impact on entire communities regardless of whether they are benefiting from the boom,” said Sarah Toohey campaign manager for Australians for Affordable Housing

“With over 9,000 renters in these towns in housing stress, rising rents only push struggling families further out, away from jobs. This leaves mining towns without essential service staff.

“Queensland needs communities that have affordable housing for everyone, yet none of the major parties have released election policies to fix the rental market. Australians for Affordable Housing is calling on both major parties to commit to increasing the supply of affordable rental housing.

“These are policies Queensland desperately needs if regional communities are to be places of opportunity and not simply where those with high paying mining jobs can afford to live,”

Queensland regions with fastest rent increases

Darling Downs

2 bedroom flat 3 Bedroom house
Rent ($) New Bonds Change Dec 2010 to Dec 2011 Rent ($) New Bonds Change Dec 2010 to Dec 2011
Western Downs Regional Council $ 250 52 32% $300 149 13%
Toowoomba Regional Council $ 210 337 5% $ 275 596 6%

 

Central Queensland

2 bedroom flats 3 bedroom houses
Locality Rent ($) New Bonds Lodged Change Dec 2010 to Dec 2011 Rent ($) New Bonds Lodged Change Dec 2010 to Dec 2011
Gladstone Regional Council area $350 136 46% $460 235 44%
Rockhampton Regional Council Area $250 262 14% $325 423 8%

 
Northern Queensland

2 bedroom flats 3 bedroom houses
Locality Rent ($) New Bonds Lodged Change Dec 2010 to Dec 2011 Rent ($) New Bonds Lodged Change Dec 2010 to Dec 2011
Mackay Regional Council Area $ 450 355 15% $ 330 239 12%


 

Australians for Affordable Housing is a coalition of national housing, welfare and community sector organisations working to highlight the problem of housing affordability in Australia. For more information visit www.housingstressed.org.au

Spokesperson: Sarah Toohey, 0427 563 989 Media enquiries: Stephanie De Campo, 0432 828 004

Follow AAH on Facebook and Twitter: @housingstressed

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Mar 16, 2012
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Rent rises pricing families out, as 34,000 struggle with rents. Affordable rentals must be key in this election campaign: AAH

Families in over 60 per cent of Brisbane suburbs have seen rents in their area increase above inflation in the last year. With over 34,000 renters in Brisbane in housing stress Australians for Affordable Housing is calling on candidates in the Queensland election to invest in affordable housing to make sure that Brisbane families do not get priced out of their local community.

New analysis from Australians for Affordable Housing using bond data show that renters in the inner north and northwest faced the steepest increases, with rent hikes of 8 per cent and 9 per cent respectively.  A full list is attached.

“New rents in Ashgrove, Dorrington and St John’s Wood rose by 12 per cent in the last year and by 9 per cent in Alderley, Enogerra and Grange” said Sarah Toohey Campaign Manager for Australians for Affordable Housing.

“Suburbs like Teneriffe and New Farm saw the asking price for new rentals rise by a whopping 39 per cent, (but with low transaction volumes in these areas these statistics may not give the full picture)” 

“It’s clear that the market is not delivering affordable housing to the majority of renters in Brisbane and yet struggling renters have not heard one word from either party in this election campaign that would help ease their housing stress.

“I don’t know many people who received a 9 per cent pay rise last year but many renters in the inner north west received a pretty hefty rental increase, it’s simply not sustainable,”

“With the election battleground in the suburbs of Brisbane we hope to see parties compete to deliver the best housing policy and not simply let Brisbane residents suffer rising rents.  Now is the time to promise new affordable rentals to boost the supply of housing.

Australians for Affordable Housing is a coalition of national housing, welfare and community sector organisations working  to highlight the problem of housing affordability in Australia. For more information visit www.housingstressed.org.au

Spokesperson: Sarah Toohey, 0427 563 989/ Media enquiries: Stephanie De Campo, 0432 828 004 

Follow AAH on Facebook and Twitter: @housingstressed

Rent increases by Brisbane regions

 

North West – Inner  8.7%
North – Inner 7.5%
North West – Outer 6.9%
City Inner 5.3%
South – Inner 5.3%
South West – Inner 5.0%
South East – Inner 4.8%
North – Outer 4.2%
South – Outer 2.9%
Bayside 2.7%
South West – Outer 1.4%
South East – Outer -3.8%

Brisbane suburbs rent increase league table

  Number of lettings 3 bedroom  house % change in rents
New Farm/Teneriffe 21 39%
Anstead/Bellbowrie/Moggill 14 29%
Brisbane City/Spring Hill 17 17%
Northgate 17 16%
Kuraby 12 14%
Buranda/Dutton Park/Wooloongabba 23 12%
Ashgrove/Dorrington/St Johns Wood 35 12%
Milton/Paddington/Rosalie 54 11%
Ballymore/Ithaca/Kelvin Grove/Red Hill 37 11%
Highgate Hill/South Bris/West End 29 10%
Greenslopes/Stones Corner 32 10%
Eight Miles Plains/Runcorn 43 10%
Archerfield/Coopers Plains 16 9%
Alderley/Enogerra/Gaythorne/Grange/ Newmarket/Wilston 77 9%
Bardon/Jubilee/Rainworth 20 9%
Banyo/Nudgee/Virginia 35 8%
The Gap 27 8%
Aspley/Boondal/Geebung/Zillmere 116 7%
Doboy/Hemant 10 7%
Chelmer/Indooroopilly/Taringa 53 7%
Clifton Hill/Moorooka/Tennyson 53 7%
Lota/Manly 55 7%
Balmoral/Bulimba/Hawthorne 47 6%
Annerley/Fairfield 40 6%
Chermside/Craigslea 43 6%
Brookside/Everton Park/McDowall/Stafford 151 6%
Arana Hills/Keperra 45 6%
Mansfield/Mt Gravatt/Wishart 137 5%
Calamvale/Drewvale/Stretton 16 5%
Gordon Park/Kedron 45 5%
Ekibin/Holland Park/Tarragindi/Wellers Hill 94 5%
Belmont 5 5%
Camp Hill/Carina/Carindale 113 5%
Brookfield/Chapel Hill/Kenmore 47 5%
Cannon Hill/Morningside/Norman Park 96 5%
East Bris/Kangaroo Point 36 5%
Bracken Ridge/Brighton/Deagon/Sandgate 113 4%
Nundah/Toombul/Wavell Heights 66 4%
Forest Lake/Carole Park 105 3%
Salisbury 27 3%
Algester/Parkinson 26 3%
Jindalee/MtOmmaney/Sumner/Westlake 61 3%
Lindum/Lytton/Wynnum 90 3%
Corinda/Graceville/Oxley/Sherwood 85 3%
Bowen Hills/Valley/Herston/Newstead 9 2%
Ascot/Hamilton 19 2%
Tingalpa 15 1%
Fitzgibbon/Taigum 16 1%
Coorparoo 33 1%
Auchenflower/MtCootha/Toowong 46 1%
Clayfield/Hendra 37 0%
Lutwyche/Windsor/Wooloowin 52 0%
Brisbane Market/Rocklea 15 0%
Altandi/Macgregor/Robertson/Sunnybank 83 0%
Acacia Ridge/Larapinta/Willawong 40 0%
Doolandella/Durack/Inala/Richlands 72 0%
Darra/Wacol 27 -2%
Murarrie 7 -3%
Seventeen Mile Rocks/Sinnamon Park 17 -3%
Albion/Breakfast Creek 10 -5%
Bald Hills 13 -7%
Yeronga 20 -7%
Ironside/St Lucia 13 -8%
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Feb 14, 2012
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Queensland’s Housing Stress: Top 5 housing stressed regions revealed

Australians for Affordable Housing (AAH) today revealed the extent of housing stress across Queensland, and the top five housing stressed council areas.

New modelling commissioned by AAH also shows that more than 55,000 households in Brisbane Council are in housing stress. Those in the rental market are doing it hardest with 28 per cent of households in rental stress.

“The high cost of housing in Queensland is not new, but these figures show where the pain is being felt,” said AAH Campaign Manager Sarah Toohey.

“Households in Gympie, Fraser Coast, Gold Coast and Logan are suffering the most with 19 per cent experiencing housing stress, while Fraser Coast has the highest proportion of people under rental stress (46%).

“Areas such as Fraser Coast, Gympie, Somerset and Bundaberg all have rates of rental stress over 43 per cent, as well as high rates of mortgage stress with over 23 per cent of home buyers in those areas under financial pressure. The highest level of mortgage stress was recorded in Etheridge (31%).

“When low income households spend more than 30 per cent of their income on housing costs they are officially in housing stress. This means they have very little left over to cover other costs like food, transport, bills or money for emergencies.”

Adrian Pisarski, Executive Officer of Queensland Shelter said these figures were a wake up call to governments. “People are obsessed with the housing stress on home owners, but these figures show that housing stress is most severe for renters. We seriously need to think about rental stress in solutions to affordable housing,” said Mr Pisarski.

“Last week, AAH called on the Federal Government to commit to a long term strategy to improve housing affordability, at the launch of our budget statement in Canberra. We need the State and Federal Governments to work together to fund that strategy and deliver the housing system that Queensland needs,” said Ms Toohey.

“Given that housing is the biggest cost of living issue for Queenslanders, we’d hope that all candidates in the upcoming election commit to policies that will improve housing affordability.

“Policies that increase the supply of affordable housing, like building more public and community housing work. Others, like increasing first home buyer grants, just push up house prices and make problems for first home buyers worse.

“Australians for Affordable Housing is urging Queensland residents in housing stress to join the campaign to convince governments to work together to address the housing crisis. More information can be found on our website www.housingstressed.org.au.

“We need action at all levels of government to ensure that we fix our broken housing system, and take the pressure off families struggling with high housing costs and lack of affordable options,” said Ms Toohey.

Spokesperson: Sarah Toohey, 0427 563 989 or
Media inquiries: Stephanie De Campo, 0432 828 004

Housing stress – Australians for Affordable Housing local council league table*

 
Housing Stress 
 
Mortgage Stress 
 
Private Rent Stress 
LGA Name % Number % Number % Number
Gympie (R) 19 3707 27 1557 45 1790
Fraser Coast (R) 19 8045 24 2702 46 4542
Gold Coast (C) 19 41077 18 12491 38 25994
Logan (C) 19 18441 18 7312 38 9591
Sunshine Coast (R) 18 24442 21 8443 42 14058
Lockyer Valley (R) 18 2422 23 1104 42 1131
Bundaberg (R) 18 7092 23 2426 44 3961
Somerset (R) 18 1438 23 678 45 633
Ipswich (C) 17 10819 16 3678 35 6177
Cairns (R) 17 11366 16 3634 32 6784
Southern Downs (R) 17 2431 24 921 40 1275
Scenic Rim (R) 17 2593 21 1105 41 1277
Cook (S) 17 252 28 96 30 114
South Burnett (R) 17 2165 25 960 37 937
Moreton Bay (R) 16 23234 16 8432 39 12762
Tablelands (R) 16 3056 24 1124 39 1549
Whitsunday (R) 16 2213 17 711 29 1287
Toowoomba (R) 15 9684 17 3291 35 5508
Rockhampton (R) 15 7093 15 2235 36 4036
Cassowary Coast (R) 15 1829 22 671 33 978
Townsville (C) 14 10043 13 3379 28 5561
Redland (C) 14 7469 14 2804 36 3916
Western Downs (R) 14 1626 21 674 29 739
Charters Towers (R) 14 653 18 247 32 315
Brisbane 13 55495 10 14318 28 34818
Burdekin (S) 13 960 17 303 34 545
Gladstone (R) 13 2998 13 1125 27 1498
North Burnett (R) 13 576 26 232 25 244
Mackay (R) 13 5801 13 2108 28 2966
Goondiwindi (R) 13 544 19 220 26 248
Hinchinbrook (S) 11 528 18 177 34 268
Flinders (S) 11 83 20 28 24 37
Longreach (R) 11 180 16 59 19 96
Murweh (S) 11 204 20 101 18 60
Maranoa (R) 11 579 15 225 20 242
Blackall Tambo (R) 10 88 16 28 27 41
Etheridge (S) 10 38 31 19 13 6
Paroo (S) 10 79 15 21 22 31
Balonne (S) 9 171 14 56 17 72
Banana (S) 9 531 12 191 16 220
Mount Isa (C) 9 693 8 204 14 346
Carpentaria (S) 9 73 11 18 11 22
Barcaldine (R) 8 115 13 41 16 37
Burke (S) 8 19 5 1 9 7
Cloncurry (S) 8 96 10 26 13 52
Winton (S) 8 47 12 11 15 14
Torres (S) 7 75 27 11 6 28
Central Highlands (R) 7 796 9 289 9 339
Barcoo (S) 7 13 0 0 18 7
Croydon (S) 7 8 0 0
Weipa (T) 6 73 12 16 6 55
Quilpie (S) 6 25 3 2 15 12
Boulia (S) 6 10 1 0 28 9
McKinlay (S) 6 26 18 11 11 10
Richmond (S) 6 21 8 7 11 7
Isaac (R) 6 479 12 176 6 206
Bulloo (S) 5 9 17 5 4 1

*This league table provides for comparison of small local areas and is based on modelled census numbers. These figures are not directly comparable with recently published housing stress modelling on ABS Survey of Income and Housing data

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Jan 18, 2012
admin

AAH news published over the holidays

 

QLD

Foreclosures rise as more borrowers fail to repay

(Brisbane Times 3-1-12)

LINK TO STORY

 

NSW

Bucking the repossession trend

(Forbes Advocate 10-1-12)

LINK TO STORY

Hunter repossessions rising

(Newcastle Herald 4-1-12)

LINK TO STORY

Foreclosures rise as more borrowers fail to repay

(SMH- Domain 3-1-12)

LINK TO STORY

10pc of households in poverty risk

(Cowra Community News 24-12-11)

LINK NOT AVAILABLE


WA

Housing shortages to worsen in WA

(Perth Now- Business 21-12-11)

LINK TO STORY

Port, city markets suffer stress

(Kalgoorlie Miner 19-12-11)

LINK NOT AVAILABLE


National

Property expert dismisses housing shortage report as “spin”

(Smart Company 22-12-11)

LINK TO STORY

Housing shortage jumps as supply fails to keep up

(The Age/ SMH 21-12-11)

LINK TO STORY

LINK TO STORY

New report finds creating affordable housing must be a priority

(My Suburban News 21-12-11)

LINK TO STORY


International

Fears mount over health of Australia’s housing market
(BBC News- Business 29-12-11)

LINK TO STORY

 

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Sep 22, 2011
admin

How is housing affordability affecting your state?

On Monday, we released the analysis ‘Australia’s broken housing system’ [linked], revealing that housing costs are not only the biggest cost to household budgets, but also the fastest rising. Housing costs have increased an average of 55% over the last six years.

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