2017-04-11 P&E Agenda Attachment 1 to Item 1 Housing Needs Assessment

4.2.2    Housing Stress
Households are said to be in housing stress when the lowest 40% of income earners are paying
more than 30% of their household income on accommodation.

Around 34.5% of low income households who were renting were experiencing rental stress in the
Noosa Shire in 2011. This was a lower proportion than for Fraser Coast (37.8%), but higher than
Douglas Shire (24.3%), Gold Coast (31.9%) and Queensland (25.3%).

Around 15.8% of low income households who were paying off a mortgage were experiencing
mortgage stress. This was comparable to the rate for Fraser Coast (15.2%), lower than for Douglas
Shire (16.9%), but higher than for the Gold Coast (13.0%) and Queensland (9.8%).

Unlike the affordability analysis below which provides estimates of affordability for 2015-16 for
rental and 2016 for purchase, these figures relate to data from the 2011 census, and therefore do
not consider changes in interest rates, dwelling and rental price growth and income growth since
that time.

Figure 44. Rental and mortgage stress for low income households, Comparison areas, 2011




Notes: Proportion of low income households in mortgage stress as a proportion of all low income households
with a mortgage. Proportion of low income households in rental stress as a proportion of all low income
households renting. Noosa Shire and Douglas Shire based on SA2s which do not fully align with the LGA
boundary.
Source: PHIDU 2014;

Low income households experiencing either rental stress or mortgage stress made up around
16% of all households in Noosa Shire, the Fraser Coast, Douglas Shire and the Gold Coast in 2011.
This was a significantly higher proportion than for Queensland at 12%, but at that time, similar to
other key tourist areas.

The affordability analysis below bridges the gap in analysis between 2011-2016 as far as is
possible prior to the release of the same data set from the 2016 Census.

4.2.3    Housing Affordability
The methodology for considering housing affordability used in Section 4.1.3 has been applied
again in the comparative analysis to provide indicative data for housing affordability between



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