Market research firm McCrindle analysed census data which found that 10 per cent of men aged 30-34 live in their family home.

McCrindle also found that more than 50 per cent of men aged 20 to 24 – who aren’t studying full-time – live in their family home, compared to 43 per cent of women who fall under the same category.

Additionally 22 per cent of men between the ages of 25-29 are still living in their family homes, which is 7 per cent more when compared to women, the Sydney Morning Herald reported.

Managing director of McCrindle, Sophie Renton, said that a combination of housing affordability and cultural diversity may be factors in why more older men are living at home.

“We also know that the emerging generation are delaying their traditional life markers (eg marriage, age of first child), studying longer and later, and entering the workforce with greater levels of debt than generations before them,” she said.

Data also broke down the number of young people living at home in different Sydney suburbs.

In Ku-ring-gai, a whopping 80 per cent of 20-24 year olds live at home, while 77 per cent of young people in the same age group still lived at home in Hunters Hill.

Chief executive of Urban Development Institute of Australia, Steve Mann, said that this trend comes from a place of “financial necessity”, with high housing costs as a result of a “long-term and ongoing undersupply of new homes”.

Renton also pointed out that intergenerational living is common in some cultures, adding that despite this, there should be investigations if this way of living is being born from affordability issues.
Additionally, senior research fellow Edgar Liu from the University of NSW’s City Futures Research Centre said that men generally move out of home later than women due to marrying later.

“Many (men) also found comfort in knowing family is safe, especially older parents who live with them, rather than by themselves somewhere else, or in retirement accommodation or an aged care facility,” Liu said.