Downsizing—commonly defined as the act of older people moving to a dwelling with fewer bedrooms, a smaller land area and a lower value is viewed by Government as a way to address affordability and use the housing stock more efficiently.
This report examined the housing aspirations of older Australians, defined as households over the age of 55. Within this research, housing aspirations were explored through the AHA survey, where respondents selected their ideal location, number of bedrooms, dwelling type and tenure.
This report found there was a shortage of 271 000 affordable and available rental dwellings for very-low-income households in 2011, an increase of 60 000 since 2006.
This is the Final Report of an Australian Housing and Urban Research Institute (AHURI) funded project which provides a comprehensive account of the characteristics of the contemporary private rental sector (PRS) in Australia, including changes in recent decades.