What percentage of Australians have a mortgage?

Answer 1

HOUSEHOLD GROWTH

The number of households in Australia is projected to increase from 6.9 million in 1996 to between 9.4 and 10.0 million in 2021, a rise of between 38% and 46%. Household growth is projected to be faster than population growth (24%) over the projection period. The projected average annual household growth rate for Australia in Series B (1.4%) is higher than the projected rates for the United Kingdom (0.6%), the United States of America (1.1%) and New Zealand (1.2%) but lower than the rate for Canada (1.6%).

Lone person households are projected to show the greatest percentage increase of all household types over the 25-year projection period. This is related to the ageing of the population and the fact that older women, in particular, are more likely to live alone than others. The number of lone person households is projected to increase by between 52% and 113%, from 1.6 million households in 1996 to between 2.4 million and 3.4 million households in 2021.

Answer 2

most people in Australia own houses. most people in Australia drive to school or work. most people in Australia live normal lives

Answer 3

95%

Answer 4

72