Powered by .id (informed decisions) for Bass Coast Shire
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LEARN MORE ABOUT .idIn Cowes - Ventnor and District, 68% of households were purchasing or fully owned their home, 21.2% were renting privately, and 1.4% were in social housing in 2021.
Cowes - Ventnor and District's Housing Tenure data provides insights into its socio-economic status as well as the role it plays in the housing market. For example, a high concentration of private renters may indicate a transient area attractive to young singles and couples, while a concentration of home owners indicates a more settled area with mature families and empty-nesters (Household Summary). Tenure can also reflect built form (Dwelling Type), with a significantly higher share of renters in high density housing and a substantially larger proportion of home-owners in separate houses, although this is not always the case.
In conjunction with other socio-economic status indicators in Cowes - Ventnor and District, Tenure data is useful for analysing housing markets, housing affordability and identifying public housing areas.
Further reading: How can Councils influence affordable housing.
Q:
Derived from the Census questions:
'Is this dwelling (owned outright, owned with a mortgage etc.)', and 'If this dwelling is being rented, who is it rented from?'
Dominant groups
Analysis of the housing tenure of households of Cowes - Ventnor and District in 2021 compared to Bass Coast Shire shows that there was a larger proportion of households who owned their dwelling; a smaller proportion purchasing their dwelling; and a larger proportion who were renters.
Overall, 45.4% of households owned their dwelling; 22.9% were purchasing, and 22.8% were renting, compared with 44.6%, 27.3% and 19.5% respectively for Bass Coast Shire.
Emerging groups
The largest changes in housing tenure categories for the households in Cowes - Ventnor and District between 2006 and 2021 were:
- Fully owned (+775 households)
- Renting - Private (+423 households)
- Mortgage (+403 households)
The total number of households in Cowes - Ventnor and District increased by 1,711 between 2006 and 2021.
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