Australia’s housing crisis intensifies! Young Aussies give up the impossible dream of buying a house!

Many young Australians feel they will never be able to break into the property market.

Topic and Angle

Australia’s housing boom continues. The number of listings increased in all state capitals. Property sellers in Sydney are jacking up their asking prices. The higher cost of buying a home is an unwelcome change for those who want to buy. According to the Fannie Mae Homebuying Sentiment Index released in April 2023, 79% of consumers think it is not a good time to buy a home. For many young people, the dream of buying a home in Australia is dying. They are tired of working their tails off as their savings are eaten up by the rising cost of living. The Sydney Morning Herald‘s Resolve Political Monitor poll found two-thirds of the 1,609 people questioned agreed young Australians would never be able to afford to buy. Many people still want to own a home, while the reality is that renting is more affordable. Housing prices are rising faster than wages, making it impossible for them to afford the high cost of buying a home.

With that in mind, I’m going to write a news feature focusing on young people buying homes in Sydney. To explore the current situation of rising housing prices and young people’s idea of buying houses. I will also interview real estate agents to analyze the reasons for rising housing prices in Sydney from a professional perspective. 

House prices in Australia continue to rise

Publication and Target Audience 

Potential publications are Australia’s traditional brand national or international mainstream Online News publications, such as The Guardian, The Sydney Morning Herald, ABC News Online, The New Daily. The reason why I choose these publications is that they all have very large readers, and these readers may have different identities and backgrounds, different jobs and occupations, and different incomes. They may have different opinions or comments on the high housing price.

The target audience for this story is people who are closely involved in the Australian housing market, such as home buyers, letting agents, and different income groups who are interested in buying a home, especially in Sydney.

Sources of Information

Multimedia, Hypertext and Interactivity

  • Interview photo/video

  • House prices related pictures

  • Twitter tweets and Instagram posts

  • Embedded links to some housing price related data, news and reports

  • An area for audience comment/create dialogue

  • Contacts and social media accounts for further discussion

1 Comment

  1. Hey Jiayi,

    Great work with coming up with this story. I think that’s a timely and pressing issue that needs to be explored.

    However, I do think you can workshop the idea to create a more unique angle on the topic, given how many people are writing about it, even on this blog alone!

    Some suggestions:
    – In your pitch, you reference “Young Aussies” but they don’t turn up in your interview sources. You could focus the piece by centering on first-time buyers trying (and failing) to become homeowners. Have a look on Facebook for groups about this topic and you could source interview subjects there
    – The publication and audience are too broad – pick one, this will help inform your writing style. Can I recommend something like Junkee which targets young people? Or Domain which is specifically catering to people interested in housing?
    – Find a quirky human interest story, make this your hook and then explore the housing crisis off the back of that. It will make your readers more likely to click!

    Hope this helps


Leave a Reply