While home ownership rates in some states are improving, one state is a clear outlier for unaffordable housing
KPMG data indicates that home ownership rates in Sydney have dropped to their lowest levels in 70 years. While other Australian states show growth, Sydney's housing affordability crisis continues to exclude younger generations from the market.
Why it matters
It underscores a significant socio-economic shift in urban housing accessibility and the widening wealth gap.
The home ownership rate in Sydney has fallen back to levels not seen in around 70 years. ( ABC News: Fletcher Yeung )
KPMG data shows the owner-occupier rate for Greater Sydney has dropped sharply to levels not seen since the 1950s.
In other parts of the country, home ownership rates are increasing, including in Queensland and Western Australia.
The next Census of Population and Housing will take place in August, with results likely to be published a year later.
Link copied Share Share article Owning a home in Sydney has become a pipedream for many, with home ownership rates dropping to the lowest level in about 70 years.
New research by accounting firm KPMG shows the city's home ownership rate dropped to 59.9 per cent in 2025, down sharply compared to the previous national census levels of 61.1 per cent in 2021.
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