The cost of a home is a key factor in the affordability of a property in Adelaide.
It is estimated that the average price of a detached home in the city is $1.7 million, while a detached house in the South Australian capital of Adelaide is estimated to cost $1 million.
It comes as the state government’s affordability target of $8,000 per person is expected to be met in the coming months.
The affordability target is based on the average income for a median-income family of five in the state.
The state’s target of affordable housing will only be met if Adelaide is able to provide an affordable, safe, well-maintained and quality home for every person living there.
According to figures released in September by the state’s Department of Housing and Community Services, the number of people renting in Adelaide has decreased by about 5 per cent since the end of the year.
“We’re seeing an increase in the number that are staying in rental accommodation, so there’s been an increase,” Deputy Leader of the Opposition, Peter Bettencourt, said.
“The people who are leaving have no intention of staying and the people who have stayed are making more money.” “
In 2016, Adelaide’s median income was $71,000. “
The people who are leaving have no intention of staying and the people who have stayed are making more money.”
In 2016, Adelaide’s median income was $71,000.
That was up from $61,000 in 2015.
Adelaide was home to more than 4,000 people on the waiting list for the Newstart Allowance, which was cut from April 1 this year.
But the number was down from 5,000 before the cuts, meaning there were fewer people waiting for the benefit.
Mr Bettenfield said the Government was not taking the cuts lightly.
“It’s a difficult time for people in this state,” he said.
“[The cuts] are not going to affect people that are already living here, it’s just the impact on those people that aren’t living here.”
Adelaide is currently facing a shortage of housing.
It has 1,977 people in emergency accommodation in the City of Adelaide.
Of those, more than 800 people are in emergency housing.
The City of Sydney has 5,400 people in Emergency Housing.
The Adelaide Government said it would increase the amount of Housing Newstart available to help more people in crisis.
“Our priority is for people who need to live in emergency shelter to have access to housing in an affordable and safe environment,” Minister for Housing, Scott Emerson, said in a statement.
“If the City is able at any point in time to offer more than this, we will make sure they are in a position to be able to do so.”