Redland Bayside NewsRedland Bayside News
  • News & Editorial
  • Digital Editions
  • Pickup Locations
  • Advertise With Us
Reading: ‘Affordable’ housing definition depends on who you’re asking
Share
Notification Show More
Font ResizerAa
Font ResizerAa
Redland Bayside NewsRedland Bayside News
Search
  • News & Editorial
  • Digital Editions
  • Pickup Locations
  • Advertise With Us
Follow US
Redland Bayside News > Real Estate > ‘Affordable’ housing definition depends on who you’re asking
Real Estate

‘Affordable’ housing definition depends on who you’re asking

Suzie Tafolo
Suzie Tafolo
Share
2 Min Read
By general definition, affordable housing is considered to cost no more than 30% of a household’s gross income
By general definition, affordable housing is considered to cost no more than 30% of a household’s gross income
SHARE

ACROSS Queensland, new housing is being marketed as “affordable” – from townhouse developments to coastal infill projects – but with rising living costs and stretched household budgets, many are questioning what affordable really means in 2025.

By general definition, affordable housing is considered to cost no more than 30 per cent of a household’s gross income. This guideline is used by governments and planners to determine whether a home is financially sustainable without causing stress.

According to the Australian Bureau of Statistics (ABS), the average full-time adult income in Queensland is $1975.80 per week, or $102,741 annually (ABS 6302.0, Nov 2024). Based on that, affordable housing should cost no more than $593 per week or $2570 per month. However, this figure doesn’t reflect the experience of many Queenslanders. Median incomes sit closer to $55,000-$65,000, and a large portion of the population relies on part-time, casual, or lower-income work.

The average house price in Queensland has now surpassed $810,000, while median rents have reached $630 per week – well beyond what many would consider affordable

Some developers include a portion of affordable dwellings, or offer shared equity or rent-to-own options, but these are limited in scope. Government programs and planning intentions aim to increase supply and ease competitiveness – with the goal of levelling the playing field.

However, in practice, outcomes don’t always match the original vision, especially when infrastructure and service delivery can’t keep pace.

There’s no perfect solution – it’s a complex issue with many layers that won’t be solved overnight.

The term “affordable housing” means something different to everyone, depending on their income, location, and life stage. What matters most is ensuring that future development reflects the real needs of the communities it’s built to serve.

Share This Article
Facebook Email Print

Latest Redlands News

Sports clubs score home run with lighting renewals
Community Featured News Sport
QYAC announces the re-election of Chair Cameron Costello
Community Featured News
Straddie flagpole removal sparks cultural dispute on North Stradbroke Island
Community Featured News State Politics
A Redlands resident has urged politicians to strengthen animal welfare laws after the death of German Shepherd, Arnie.
Redlands resident calls for tougher animal welfare laws
Community
RATEPAYERS’ LATEST BID TO NAIL COUNCILLOR FAILS — AGAIN
Community Featured News Redland City Council Uncategorized
SIGNIFICANT SAMPLE: Researchers analysed anonymous data from hundreds of thousands of NDIS participants.
Report finds NDIS has reduced demand for Medicare funding
Disability News
Kara Cook is looking forward to the review into the Bonner election day activities.
Election dramas and Brethren involvement
Community

You Might Also Like

With inflation easing, many had anticipated a rate cut to follow.
Real Estate

RBA maintains rates despite good outlook

July 17, 2025
Economists argue that some housing election promises will drive competition for limited stock, pushing prices up further.
Real Estate

Election promises could miss the mark

April 24, 2025
Ultimately, the “right” location depends on what matters most to you – lifestyle, affordability, or future growth potential.
Real Estate

Choosing your first home: Looking at the key decisions you need to make

October 27, 2025
Matt has been named “Agent of the Year” a remarkable eight times
Real Estate

Redlands’ real estate powerhouse agent

November 21, 2024
Copyright © 2025 Local News Group - Website by LNG Digital
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?