Policy
EAHA works to ensure everyone with low and moderate incomes in the region can access safe, secure and affordable housing.
There are a range of challenges impacting both supply and affordability, and the most vulnerable people in our region are at the greatest risk. The factors contributing to this include:
Rent in eastern and southern Melbourne has grown by more than 200% since the year 2000;
Melbourne is the fifth least affordable housing market in the world, with prices over 12 times the average annual gross median household income;
Rising interest rates continue to impact affordability and increase financial stress;
Risks in the home construction sector, rising construction costs and the failure of some of Australia’s largest home builders have severely impacted both supply and affordability across the broader sector.