![]() ![]() “Rapid increases in housing costs over time are associated with ongoing gentrification while displacement results in fewer low or mixed-income households remaining in an area over time due to increasing housing affordability,” the AUO says. The AUO’s Precarity Index for Neighbourhoods and City Housing (PINCH) uses ABS census data from 2016-21 to assess the changing proportions of income groups and housing affordability and determine areas where lower and mixed-income households have been priced out by higher-income households or are at risk of being priced out. Photo: Michelle Kroll.ĭata released by the Australian Urban Observatory has revealed that almost 90 per cent of Canberra’s suburbs are gentrified and at risk of becoming exclusive. Braddon, Reid and the city are ‘becoming exclusive’, according to the AUO data. ![]()
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