Housing challenge reshapes the future of regional growth
New analysis from the University of Newcastle’s Institute for Regional Futures is challenging the way we think about housing in the Hunter and Central Coast.
The briefing paper Housing as Social and Economic Infrastructure highlights growing links between housing affordability, workforce participation and long-term regional prosperity.
Seventy-five representatives from industry, government, community organisations and the University attended the latest Hunter Insight Series event to discuss the findings and their implications for the future of the Hunter and Central Coast.
Executive Director of the Institute for Regional Futures Laura Eadie said the region's housing challenge extends far beyond supply and affordability.
“Housing is increasingly shaping who can live, work and participate in the opportunities created across our region. When people can't access housing that meets their needs, the impacts are felt across the workforce, the economy and the broader community,” Ms Eadie said.
The briefing paper highlights significant demographic and economic shifts across the region.
Young adults are increasingly concentrated in Newcastle, families are moving into growth corridors, and older Australians continue to settle in coastal communities.
At the same time, rents have risen faster than wages and outpaced rental growth in Greater Sydney, eroding one of the region's traditional affordability advantages.
Dr Julia Cook from the School of Humanities, Creative Industries and Social Sciences highlighted the role housing plays in shaping life opportunities, particularly for young people and those navigating major life transitions.
“Housing decisions ripple through every stage of life. They influence where people study, where they work, whether they can stay connected to family and community, and the opportunities available to them in the future,” she said.
The discussion also explored how housing policy, planning and development need to respond to changing community needs and economic conditions.
L-R Brad Webb, Craig Jennion, Ellie Bright, Michael Nolan, Dr Julia Cook, Professor Patrick Tang
Professor Patrick Tang from the School of Architecture and Built Environment brought a housing delivery and construction perspective to the discussion, highlighting the practical challenges of meeting future demand.
"Meeting future housing demand isn't only about increasing supply. It also requires new approaches to how housing is designed, constructed and delivered so we can build more efficiently and respond to changing community needs," he said.
The Institute for Regional Futures is continuing to explore the links between housing, workforce participation and regional prosperity and is inviting researchers, community and industry partners to connect and contribute to future conversations. Contact IRF@newcastle.edu.au
Read the Institute's briefing paper Housing as Social and Economic Infrastructure here
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