09/01/2026
Over the past 20 years, the number of retirees renting privately has doubled. In 2003, around 6 per cent of retirees were renters. By 2023, that figure had climbed to 12 per cent, and the trend shows no signs of slowing.
As more Australians enter retirement without housing security, a growing divide is emerging between those who own their home and those who don’t. The data tells one story. But as many readers have made clear, lived experience adds important nuance — revealing just how complex and deeply felt this issue has become.
Retirement wealth gap widens as renting retirees struggle to keep up Record numbers of Australians are entering retirement as renters, exposing a growing divide between those who own their home and those who don’t — a gap that continues to widen as housing costs rise. For decades, retirement in ...