Australia is a popular destination for international students, with over 500,000 students enrolled in Australian universities and colleges in 2022. However, a recent report has warned that Australia is heading towards a housing crisis for international students.
The report, by University Living, a leading global student accommodation marketplace, found that rising rental costs and limited availability of student accommodation are making it increasingly difficult for international students to find affordable housing in Australia.
The report found that the average rent for a one-bedroom apartment in Sydney has increased by 20% in the past year, and that the average rent for a one-bedroom apartment in Melbourne has increased by 15%. The report also found that there is a shortage of student accommodation in both Sydney and Melbourne.
The report’s findings are supported by a recent survey of international students by the Australian Education International (AEI). The survey found that 60% of international students are concerned about the cost of living in Australia, and that 40% of international students are worried about finding affordable housing.
The AEI survey also found that international students are increasingly choosing to study in other countries, such as Canada and the United States, due to the rising cost of living in Australia.
The report by University Living and the survey by the AEI suggest that Australia is heading towards a housing crisis for international students. If the government does not take action to address the issue, it could lead to a decline in the number of international students studying in Australia.
What can be done to address the housing crisis for international students?
There are a number of things that the government can do to address the housing crisis for international students. These include:
- Increasing the supply of student accommodation.
- Providing financial assistance to international students to help them with the cost of rent.
- Working with universities and colleges to ensure that they are offering affordable accommodation to international students.
The government needs to take action to address the housing crisis for international students. If it does not, it could lead to a decline in the number of international students studying in Australia, which would have a negative impact on the Australian economy.