home ownership, Housing affordability, Network Ten
Q. Thinking about when you bought your home – which of the following best describes the location of the home you bought? (This question has been commissioned by Network Ten)
| Bought last home | |||||
| Total
Home Owners |
Less than 5 years ago | 5-9
years ago |
10-19 years ago | 20 or more years ago | |
| It was in the area I wanted | 63% | 53% | 66% | 64% | 71% |
| It was close to the area I wanted | 21% | 28% | 23% | 19% | 13% |
| It was not close to the area I wanted | 6% | 9% | 4% | 7% | 5% |
| I had no preferred area | 10% | 10% | 7% | 10% | 12% |
63% of those who own a home bought their current home in the area they wanted and 21% bought close to the area they wanted. Those who bought more recently were less likely to have bought in the area they wanted – 53% of those who bought in the last 5 years compared to 71% of those who bought 20 or more years ago. However, only 9% of those buying in the last 5 years said they bought in a location not close to the area they wanted.
home ownership, Housing affordability, Network Ten
Q. How important do you think it is for people to own their own home these days?
| Total | Vote Labor | Vote Lib/Nat | Vote Greens | Men | Women | Age
18-34 |
Aged
35-54 |
Aged 55+ | Own home | Rent home | |
| Total essential/very important | 54% | 57% | 60% | 40% | 54% | 56% | 55% | 54% | 55% | 61% | 39% |
| Essential | 20% | 21% | 21% | 15% | 24% | 17% | 25% | 19% | 16% | 21% | 17% |
| Very important | 34% | 36% | 39% | 25% | 30% | 39% | 30% | 35% | 39% | 40% | 22% |
| Quite important | 29% | 26% | 26% | 45% | 29% | 29% | 30% | 27% | 31% | 28% | 30% |
| Not so important | 13% | 13% | 13% | 13% | 14% | 13% | 11% | 15% | 12% | 9% | 23% |
| Not at all important | 1% | 1% | * | 2% | 2% | 1% | 1% | 2% | * | * | 3% |
| Don’t know | 2% | 3% | 1% | 2% | 2% | 2% | 3% | 2% | 2% | 1% | 3% |
54% think that owning your own home is essential or very important. 60% of Liberal/National voters think it is essential/very important while only 40% of Greens voters agree. Views are similar across age groups – although those aged under 35 are a little more likely to think it is essential.
Of those currently renting, only 39% think that owning your own home is essential or very important and 26% think it is not so important or not at all important.