house price to income ratio has been increasing in the country.
Housing costs for Australian homeowners with a mortgage were around 15.5 percent of household income in 2020. The Housing costs as a share of household income for homeowners with a mortgage in Australia from financial year 2001 to 2020
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Australian Bureau of Statistics. (May 25, 2022). Housing costs as a share of household income for homeowners with a mortgage in Australia from financial year 2001 to 2020 [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1030579/australia-housing-costs-as-share-of-income-owner-with-mortgage/
Australian Bureau of Statistics. "Housing costs as a share of household income for homeowners with a mortgage in Australia from financial year 2001 to 2020." Chart. May 25, 2022. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1030579/australia-housing-costs-as-share-of-income-owner-with-mortgage/
Australian Bureau of Statistics. (2022). Housing costs as a share of household income for homeowners with a mortgage in Australia from financial year 2001 to 2020. Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1030579/australia-housing-costs-as-share-of-income-owner-with-mortgage/
Australian Bureau of Statistics. "Housing Costs as a Share of Household Income for Homeowners with a Mortgage in Australia from Financial Year 2001 to 2020." Statista, Statista Inc., 25 May 2022, https://www.statista.com/statistics/1030579/australia-housing-costs-as-share-of-income-owner-with-mortgage/
Australian Bureau of Statistics, Housing costs as a share of household income for homeowners with a mortgage in Australia from financial year 2001 to 2020 Statista, https://www.statista.com/statistics/1030579/australia-housing-costs-as-share-of-income-owner-with-mortgage/ (last visited June 16, 2024)
Housing costs as a share of household income for homeowners with a mortgage in Australia from financial year 2001 to 2020 [Graph], Australian Bureau of Statistics, May 25, 2022. [Online]. Available: https://www.statista.com/statistics/1030579/australia-housing-costs-as-share-of-income-owner-with-mortgage/