Housing in Warringah

Recently, I hosted the Warringah Housing Forum, bringing together a range of experts and key stakeholders to discuss the housing crisis.


The forum featured representatives from the Australia Institute, the Planning Institute of Australia, Anglicare, Homes NSW, and Sydney Alliance Northern Beaches, alongside the State Representative from Wakehurst and representatives from North Sydney, Mosman, and Northern Beaches Councils.


During the forum we explored a wide range of critical topics, including state and federal taxation, infrastructure and planning, transport, affordable housing for essential workers, social housing for those facing financial hardship, short-term accommodation, and rental availability.


I want to hear from the community its views about the measures that could play a key role in addressing housing supply and demand. Your input is important.


Should you wish to view the Housing Forum, where the many levers and topics were discussed, please see here.

The survey should take approximately 8-9 minutes.

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* 1. Please provide the following information so we can keep in touch and provide updates on the result of this survey. This information is optional and not required.

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* 2. What age group are you in?

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* 3. Please indicate whether you

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* 4. Do you have any investment properties? Please select all that apply.

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* 5. Housing Supply

As we explore solutions to the housing supply and affordability crisis, it's essential to acknowledge that any efforts to increase housing supply (the number of properties available for sale or rent) must be matched by improvements in the skills and resources of the housing construction sector. The following options focus on both increasing the supply of housing and improving affordability

Which of the following levers do you believe would be the most effective in addressing housing affordability and increasing the current supply issues? Please select up to 3 options you feel would have the greatest impact on increasing housing supply.

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* 6. Additionally, what other incentives or changes, if any, do you believe would better encourage downsizing to free up housing stock for younger families? (Please provide any suggestions below.)

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* 7. Housing Demand

Australia's housing market has faced increasing pressure due to strong demand driven by factors like population growth, investor activity, and historically low interest rates. Managing housing demand is crucial to maintaining affordability and ensuring access for both homebuyers and renters. When demand outpaces supply, it drives up property prices and rental costs, making it harder for many Australians to find affordable housing. Addressing demand-side factors is therefore essential to alleviating these pressures and improving overall housing affordability.

In your opinion, what are the key drivers of high housing demand in Australia? Please select up to 3 factors that you believe have the most significant impact on increasing demand.

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* 8. Alongside increasing housing supply, adjusting demand can help relieve price pressures. Demand-side measures could include incentives or policies aimed at ensuring homeownership opportunities are more accessible to Australian residents and first-time buyers, while maintaining a balanced approach to investment and population growth.

Which of the following levers do you believe are the most important for addressing housing affordability by reducing demand in the current market? Please select up to 3 options that you feel would be most effective in managing housing demand.

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* 9. First home buyers face significant challenges entering the housing market due to high property prices. While efforts to support first home buyers can help them secure a home, such measures may also increase demand, which could impact affordability. Do you support initiatives to assist first home buyers, even if it could stimulate demand, if so, what measures do you believe would provide most support? Please select up to 3 options .

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* 10. Currently one third of Warringah residents are renters. With rental availability below 1%, and 33% of renters spending more than 30% of their income on rent, our community is facing significant challenges

What do you believe are the most pressing needs or improvements that should be addressed to better support renters in Australia? Please select up to 3 areas you feel are most important.

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* 11. Federal tax policies play a significant role in shaping the housing market. Reforms in areas such as negative gearing, capital gains tax concessions, and tax incentives for property investors have been suggested as potential levers to improve housing affordability. Adjustments in these areas could reduce speculative investment and better align the housing market with the needs of owner-occupiers and first-home buyers, while also ensuring a fair return for investors.

Which of the following federal tax reforms do you believe would have the most positive impact on housing affordability?

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* 12. Capital Gains Tax on Investments

Capital gains tax is paid when you buy an asset/investment (excluding the family home/main residence) and then later sell it for a profit, the profit you make is taxed as income. The capital gains tax discount means that if you buy an investment property, hold it for 12 months and then sell it, you only pay tax on half the profit you made.

If there was a change to the capital gains tax discount for investment properties only (for properties held over 12 months), would you support this discount to be scaled over multiple properties? For example: If you had one investment property, you would benefit from the full 50% capital gains discount, your second investment property would garner a 25% discount. No discounts would be available for three or more investment properties.

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* 13. Are there any other levers/measures you would like me to consider to help with housing supply and demand?


Thank you for the time you have taken to answer these questions, your views are important to Zali. If you are interested in keeping up to date with what Zali is doing for the Warringah Electorate, please visit her website at www.zalisteggall.com.au.

If you require assistance, please do not hesitate to contact Zali's friendly team at zali.steggall.mp@aph.gov.au
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