1. At the same age, Millennials rent more and own outright less

Housing tenure for Australians aged 25–39 in 1991, 2006 and 2021

Source: Australian Bureau of Statistics, Back in my day – comparing Millennials with earlier generations.

2. Australia still looks like a nation of homeowners, but the mix is changing

Housing tenure of Australian households, 1999–00 to 2019–20

Source: Australian Bureau of Statistics, Housing Occupancy and Costs, 2019–20.

3. Housing costs have risen unevenly by tenure

Mean weekly housing costs by tenure, 1999–00 to 2019–20

Source: Australian Bureau of Statistics, Housing Occupancy and Costs, 2019–20. Values are nominal weekly costs.

4. Living alone in later life is projected to be much more common for women

Projected proportion of lone persons by age and sex, Australia, 2046, Series II

Source: Australian Bureau of Statistics, Household and Family Projections, Australia, 2021–2046.

5. Retirement poverty is much higher for private renters

Income poverty rate after housing costs, by housing tenure

Source: Grattan Institute, Renting in retirement: Why Rent Assistance needs to rise, Figure 1.4 chart data.