Australian Property Updates

Property Information & Real Estate Updates

11.8 m Australian householders by 2031

The number of Australian households will increase to 11.8 million by 2031 – up four million from 7.8 million in 2006, according to housing projections from the Australian Bureau of Statistics.

While family households are predicted to remain the most common, with an increase of 5.6 million in 2006 to eight million in 2031, couple-only families and those living alone will increase dramatically.

If recent trends continue the ABS projects couple-only families will overtake the number of families with children by either 2013 or 2014. This is mainly attributed to an ageing population and because many more baby boomers are set to become “empty nesters”.

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