CANBERRANS are still paying some of the highest housing costs in the country, a new report reveals.
The report, released today from the Australian Bureau of Statistics, reveals households that owned their home with a mortgage had the highest housing costs in the country, averaging $432 per week from 2011-2012, representing 18 per cent of their gross household income. Those without a mortgage had the lowest costs paying $40 per week or three per cent of their gross household income.
In Canberra the situation is particularly difficult, with mean housing costs per week the second highest in the country, averaging $486 per week, second only to the Northern Territory.
As well as the ACT and Northern Territory, Western Australia and New South Wales reported average housing costs above the national average, while average housing costs in Victoria, South Australia and Tasmania were below the national average. Housing costs in Queensland were similar to the national average of $265 per week.
Meanwhile, housing costs for private renter households increased by $25 (8 per cent) from $322 in 2009-10 to $347 in 2011-12, though the proportion of income spent on housing costs remained at 20 per cent.