The G21 region is growing, which means the demand for housing is growing too.
The cost of buying or renting a house is increasing at a much higher rate that increases in incomes.
This broadening gap is driving housing insecurity and homelessness.
G21 is working with all five councils, housing agencies, state government, developers and philanthropists to understand the impact of this widening gap:
|Health & wellbeing
||Families and individuals spending more than 30%, 40% or even 50% of their income on a house are at risk of poor physical, emotional and spiritual health outcomes
||The widening gap in our region is affecting jobs – as people cannot afford to live in some areas, even though there are jobs available
|Planning for the future
||Planning for a rapidly growing population means we need to plan for more housing and services – the widening gap makes this planning much more difficult
The Victorian Government is aware of rising housing costs and is implementing the Big Housing Build – an ambitious plan to spend $5.3 billion on 12,000 subsidised housing properties within four years. To find out more about this major initiative go the Homes Victoria website at: https://www.vic.gov.au/homes-victoria
Homes Victoria are focussing on ‘social housing’ – which is subsidised to ensure that households pay no more than 30% of their income on rent. This subsidised social housing is provided for households on very modest income because this income level is often not enough to pay for full private rental. In some areas of our region private rental properties are both unaffordable and in very short supply, almost unavailable.
People living on very modest income may be living on benefits (such as a Disability Benefit or Department of Veterans Affairs Pension) or work in low paid employment, with limited hours of work available.
The G21 Region Social Housing Project has purchased data which reveals the demand for subsidised housing as an alternative to high cost private rental. There is a problem in each council area:
|Households currently renting social housing (number)
|Rental stress with moderate, low or very low income levels
|Homeless people (number)
|Number of additional social housing properties required to meet the current shortfall
ABS census data 2016.
This data indicates that we need to build around 6,000 new homes just to meet the needs of people currently renting, on very modest income, and paying more than 30% of that income on private rent. These are families and individuals already living in our community.
As a community, we need to build many more than 6,000 homes to meet the needs of our rapidly growing population. We also need to focus on housing that is affordable for people who are working and earning money but are not able to afford the extremely high costs of private rental in many areas across the region.
To explore detailed data relating to housing affordability in both the rental and purchasing market click here https://housing.id.com.au/g21-region
Each council in the region has published statements regarding the need for additional subsidised social housing and support services for tenants:
G21 acknowledges the commitment of Sirovilla, which has secured funding from the Percy Baxter Trust, the Anthony Costa Foundation and Geelong Community Foundation to make this project possible.
The project has developed some useful resources:
- What is social housing? A one page overview explaining the terms and background to social housing.
- The Big Picture A snapshot of key data relating to social housing in our region, including a comparison across our five council areas
- Our Mayors speak out A brief video featuring all five mayors outlining plans for social housing in the region
- G21 Regional Statement An overview if key regional, state and national issues relating to social and affordable housing, including a regional framework
- Support for developers An information tool for developers seeking information and ideas that ensure social housing projects are planned as early as possible in any development
- Submission on the 10-year state strategy The G21 contribution to the state-wide consultation regarding the long term future of social housing policy, funding and regulation