Arabic version: الأستراليون يحددون سن 31 حداً أقصى لمغادرة منزل الأسرة
According to SBS News, a Finder survey of 1,010 Australians found that the average respondent considers 31 years old the point at which someone is “too old” to still live in the family home. The result comes as rising rents and limited vacancies make moving out more difficult for many people.
Generation Z and baby boomers expressed the strictest views, both identifying age 30 as the cut-off. Millennials and Generation X nominated 32. Parents of children under 18 also set a lower threshold, at 30, compared with 32 among respondents without children.
Finder personal finance expert Sarah Megginson said the survey views do not reflect the financial pressures facing renters. Finder data showed 47 per cent of Australian tenants struggled to pay rent in June. Megginson said renters in many suburbs were spending half their weekly income or more on rent, while the commonly accepted rental-stress benchmark of 30 per cent of income could now be seen as “welcome relief”.
Rental figures from REA Group put the national median weekly rent for a dwelling at $670 in June, after a 3.08 per cent quarterly increase and a 6.35 per cent annual rise. The national vacancy rate was 1.26 per cent, up slightly during the month but 37 per cent below its level five years earlier. REA Group economist Luc Redman said rental price increases were deterring people from entering the market and contributing to younger Australians staying with their parents longer.
A July report from McCrindle found 70 per cent of 19-year-olds lived at home in 2021, up from 60 per cent in 2006. Its research cited student debt and a competitive housing market, including people returning home to build savings for a deposit. Megginson said living with parents for longer could help young adults save faster and avoid pressure from soaring rents.
