Give me the % rate of young people renting homes in 2024 in victoria australia

Checked on February 2, 2026
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Executive summary

No definitive percentage for “young people renting homes in 2024 in Victoria” can be produced from the supplied reporting because none of the provided sources include a clear, single statistic that states the share of renters who are young people in Victoria in 2024 (sources reviewed include the Victorian Commissioner snapshot, VCOSS, Anglicare, ABS commentary and government rental reports) [1] [2] [3] [4] [5]. The available material paints a consistent picture of rising rents and tightened markets in 2024 that disproportionately affect young people, but it stops short of giving the precise percentage requested [6] [5] [3].

1. Direct answer and reporting limitation

A direct numeric answer cannot be responsibly given from the documents supplied because none explicitly state “X% of young people were renting homes in Victoria in 2024”; the Commissioner for Residential Tenancies’ Snapshot and other Victorian reports describe age cohorts and trends but do not publish that specific percentage in the excerpts provided [1] [2]. Where a precise prevalence measure is required, the primary datasets to consult are the Australian Bureau of Statistics or the full Commissioner/ABS datasets rather than these summary snippets [5] [7].

2. What the supplied sources do say about youth and renting

The supplied reporting consistently highlights that younger cohorts remain prominent among renters and face acute affordability and access problems: the Commissioner’s material notes that younger renters outnumber older renters even as longer-term renting grows among older age groups [1], while VCOSS and Anglicare document that students, jobseekers and those on income support struggle to secure affordable rentals in Victoria [3] [4]. These qualitative and subgroup findings indicate heavy representation and disadvantage among younger renters without quantifying their share of the total renter population [3] [4] [1].

3. Market context that shapes youth renting in 2024

Victoria’s rental market tightened in 2024 with double-digit rent rises reported for the state that year and very low vacancy rates in Melbourne—factors that squeeze young and low-income renters: Victorian rents reportedly climbed by more than 10% in 2024 [6] and Melbourne’s vacancy rate has been cited at around 0.7% in recent reporting [8], while national-level ABS analyses show rent inflation accelerating from 2021 through 2024 [5] [7]. These documented market pressures explain why advocacy groups note young people are increasingly priced out or forced into precarious situations even if the exact renter-share statistic is absent from the supplied files [3] [4].

4. Why the specific percentage is missing and where to find it

The absence of a clear percentage in these excerpts likely reflects the nature of the documents: policy snapshots, advocacy reports and media summaries tend to emphasise trends, cohorts and affordability impacts rather than reporting a single prevalence figure; the ABS or detailed Census outputs (not included here) are the most reliable sources for a precise share of renters by age in Victoria for a given year [5] [7]. To obtain the exact 2024 percentage, consult the ABS’s labour force and housing releases or the full Commissioner’s 2024 dataset and Victoria-specific Census tabulations, which typically break down tenure by age cohorts [5] [7] [2].

5. Alternative perspectives and implicit agendas in the sources

Advocacy bodies like VCOSS and Anglicare emphasise hardship and call for policy responses—a framing that highlights vulnerability and may push for stronger social housing targets [3] [4]—while government reporting tends to present index movements and sector snapshots that can be used to argue both for market-based solutions and for intervention [9] [2]. Readers should note those institutional perspectives: advocacy reports stress social impacts on youth, whereas official indices focus on rent inflation and vacancy metrics useful in economic policy discussion [3] [4] [9].

6. Bottom line

The supplied reporting substantiates that young people are a visibly affected group in Victoria’s 2024 rental squeeze—rents rose sharply and vacancy tightened, putting younger renters under pressure—but it does not provide the exact percentage of people aged in “young” cohorts renting in Victoria in 2024; obtaining that figure requires querying ABS/Census or the full statistical tables from the Commissioner’s 2024 snapshot [6] [8] [5] [2].

Want to dive deeper?
What percentage of Victorian residents aged 18–34 were renters in 2024 according to ABS or Census data?
How did vacancy rates and median rents change across Melbourne suburbs in 2024 and which suburbs saw the biggest youth displacement?
What policy measures have Victorian advocacy groups proposed to reduce rental stress for young people and how many new social homes do they recommend?