Bankwest key worker housing affordability 2008
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: