Thursday 7 May 2026 – Victoria is leading the country on housing stress, with nearly three in four Victorians reporting that more than 30 per cent of their income goes towards housing.
Fresh results from Australia’s national housing scorecard AMPLIFY Home Truths* shows that Victorians’ confidence in the State Government to fix the housing crisis remains critically low and cost-of-living pressures continue to bite.
Almost two thirds of Victorians (62 per cent) report they don’t trust the State Government to improve housing and nearly three quarters (74 per cent) believe little or no progress is being made on housing supply.
AMPLIFY CEO Georgina Harrisson said the figures should be concerning for the State Government.
Ms Harrisson also acknowledged Victoria remains one of the nation’s strongest performers on housing delivery, with the second‑highest building rate in Australia and progress broadly aligned with where states should be 1.5 years into the five‑year National Housing Accord target.
“We welcome the Victorian Government’s announcements in this week’s State Budget, but it’s clear from Victorians that more is needed,” Ms Harrisson said.
“Community confidence remains fragile and two in three Victorians still believe it is unlikely enough homes will be built over the next four years, which tells us reforms are not yet matching the scale or urgency of the crisis people are experiencing every day.
“Victoria is well placed to lead the nation on housing supply, but there is still a long way to go. Sustained reform, delivery and community engagement will be critical in rebuilding confidence ahead of the State election in November.”
Nationally, the data also shows more Victorians are frustrated at the Federal Government over the housing crisis.
About 67 per cent of Victorians are dissatisfied with the Federal Government’s action on housing. Less than half (39 per cent) trust the Federal Government to improve the availability of housing and 46 per cent blame them for increasing the cost of building new homes.
Victorians want bold national reform that matches the scale of the crisis.
Nearly two‑thirds (63 per cent) support changes to negative gearing and the Capital Gains Tax discount. Among Victorian property investors, support for reform lifts to 68 per cent.
Ms Harrisson said next week’s Federal Budget is a critical opportunity to respond to the clear mandate from Victorians for decisive action.
“The housing crisis is three decades in the making, and Australians understand that incremental change won’t fix it,” she said.
“We desperately need to make it easier, faster and cheaper to build more homes, with nearly one million new homes needed to meet the National Housing Accord target by 2029. As the national housing target slips further out of reach and with it the Australian dream of home ownership, trust and confidence continue to collapse.
“The Federal Budget is an opportunity to turn the tide by tackling tax reform, slashing red delivering more affordable housing.”
*National survey sample of 4,253 Australians taken between 19 March 2026 to 10 April 2026. More than 640 surveyed in Victoria for a state and nationally representative sample.
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MEDIA CONTACT
Rosemarie Lentini, rosemarie.lentini@amplifyaus.org, 0421 201 315