Sydney Ownership Rate Drops to 70-Year Low, KPMG Shows
Aerial view of Sydney suburbs and skyline, illustrating housing and home ownership issues

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Arabic version: معدل التملك في سيدني ينخفض إلى أدنى مستوى خلال 70 عاماً، حسب كيه بي إم جي

New analysis from KPMG finds home ownership in Greater Sydney has fallen sharply, with the owner-occupier rate estimated at 59.9 per cent in 2025 — a level not seen since the late 1950s.

According to ABC News, the KPMG study combines 2021 Census and ABS housing survey data with rental bond records to estimate current owner-occupier rates and excludes property owners who rent out their homes (so-called “rentvestors”).

Nationally, the proportion of owner-occupier households is estimated to have fallen from 66.3 per cent in 2021 to 65.9 per cent in 2025, a decline KPMG says was mainly driven by Sydney and regional New South Wales. “Sydney has gone backwards on home ownership by more than half a century,” KPMG urban economist Terry Rawnsley said, noting younger Australians are being locked out of the market.

Stripping out New South Wales from the national number, KPMG says the owner-occupier rate remained roughly unchanged between 2021 and 2025.

Other states show different patterns: Queensland’s owner-occupier share rose from 63.9 per cent in 2021 to 64.9 per cent in 2025, Western Australia’s from 69.2 per cent to 69.9 per cent, while Victoria held steady at 68.7 per cent.

The report also notes recent market movements: REA Group data showed national house prices fell 0.3 per cent in June though remained 5.8 per cent higher than a year earlier. The number of dwellings under construction reached a record 243,900 in the March quarter, and loans to first-home buyers rose from 117,200 in the year to March 2025 to 120,500 in the year to March 2026.

Cotality’s head of research Gerard Burg highlighted that Sydney’s median dwelling value of $1.2 million was more than 10 times the median household income of $108,000 in Greater Sydney, a gap that poses clear challenges for younger residents and some professions considering where they can live and work.

What happens next: the next Census of Population and Housing will take place in August, with results likely to be published about 12 months later.

Related sections: Australia/استراليا | New South Wales | General | Economy/اقتصاد | Social/إجتماعية

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