JUST IN: Sydney Home Ownership Falls to 59.9% — A Near 70-Year Low

Sydney’s home ownership rate may have fallen to just 59.9 per cent, according to new preliminary modelling from KPMG Australia. The estimate suggests Greater Sydney could now be experiencing its lowest owner-occupier rate since the late 1950s. But does this mean the Australian dream of home ownership is disappearing, or is the opportunity simply moving to more affordable states and regions? In this video, we examine why Sydney’s home ownership rate has fallen, how mortgage rates, rising rents, deposit requirements and housing affordability are affecting ordinary Australian households, and why Queensland and Western Australia appear to be moving in a different direction. We also look at: • Why falling property prices may not make Sydney homes affordable • How high rents prevent first-home buyers from saving a deposit • Why mortgage repayments are consuming more household income • How interest rates affect borrowing capacity • Why home ownership is improving in some Australian states • What homeowners, renters and property investors should watch next • Whether Sydney’s housing market is facing a temporary downturn or a structural shift The 59.9 per cent Greater Sydney owner-occupier rate discussed in this video is a preliminary KPMG estimate for 2025. It is not the final result of the 2026 Australian Census and may be revised when official data becomes available. This video provides general information and economic commentary only. It is not personal financial, property or investment advice. Do you think falling house prices will eventually help Sydney’s first-home buyers, or has affordable home ownership already shifted towards other Australian states? Share your view in the comments and subscribe for clear analysis of Australian housing, property prices, mortgage rates, economic policy and the cost-of-living crisis. #SydneyHousing #AustraliaHousingCrisis #AustralianPropertyMarket #SydneyPropertyMarket #HomeOwnership #HousingAffordability #FirstHomeBuyers #SydneyHousePrices #AustralianHousingMarket #MortgageStress #RentalCrisis #RBA #CostOfLiving #PropertyNews #AustraliaHousingNews