Bankwest key worker housing affordability 2008

financial indicator series

02 June 2008

The inaugural BankWest Key Worker Housing Affordability survey identifies key worker groups in Australia (nurses, teachers, police officers, fire-fighters and ambulance officers) and the affordability of buying a house in the communities they serve.

The survey shows housing affordability has rapidly deteriorated over the past five years for Australia's 480,000 nurses, teachers, police officers, fire-fighters and ambulance officers with more than 80% of capital city council areas too expensive for key workers to buy a house in 2007, compared with about 50% in 2002.

The report has analysed house prices in all available local government areas (540 LGAs) across Australia and cross referenced them against key worker earning by state.

Download a copy of the full report and a breakdown on each state below:

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