While the government has housing targets for the private market, there are no strictly defined social housing targets.
"In Victoria, the current proportion of social housing is 3.1 per cent. After the Big Housing Build, it will be about 3.5 per cent â still well under the national average of 4.5 per cent (which itself isn't enough to meet demand)," the report notes.
"In order to catch up to the national average of 4.5 per cent social housing stock, Victoria needs to build 7,990 new social housing dwellings a year for the next 10 years."
Without building 7,990 new social dwellings each year for the next decade, Victoria's proportion of social housing would drop to about 2 per cent by 2051, the report forecasts.
The report also notes its target is "modest", with modelling showing the state would need to build 10,700 social housing dwellings a year for the next decade to meet "expressed demand" for social housing â enough to house those on the social housing waitlist as well as those currently receiving social housing assistance.
To meet the total demand for social housing â enough for all Victorians who need assistance, including those who haven't formally requested it â the state would need to build 27,900 social dwellings a year.