Young Australians are staying in the family home for longer – and it’s not hard to see why
The HILDA survey reveals that young Australians are increasingly living with their parents for longer periods, with nearly 50% of those aged 18-29 residing at home in 2024. This trend is largely driven by rising housing costs and financial stress affecting renters.
Why it matters
The shift reflects broader economic challenges and a changing social landscape for young adults struggling to achieve financial independence.
The share of renters in regional Australia who are in housing stress is substantially higher than those in the cities, according to the latest Hilda survey, which has tracked the same households since 2001. Photograph: Darren England/AAP The share of renters in regional Australia who are in housing stress is substantially higher than those in the cities, according to the latest Hilda survey, which has tracked the same households since 2001. Photograph: Darren England/AAP Housing Analysis Young Australians are staying in the family home for longer – and it’s not hard to see why Patrick Commins Housing costs are up with renters worst affected and financial stress is also growing, according to the largest survey of its type
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Every year, thousands of Australians answer a series of questions as part of the long-running Hilda survey.
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