Colac Otway ShireCommunity profile
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Colac Otway Shire

Housing tenure

In Colac Otway Shire, 72% of households were purchasing or fully owned their home, 17.2% were renting privately, and 3.8% were in social housing in 2011.

Colac Otway Shire'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 Colac Otway Shire, Tenure data is useful for analysing housing markets, housing affordability and identifying public housing areas.

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?'

Households

Housing tenure
Colac Otway Shire - Households (Enumerated)20112006Change
Tenure typeNumber%Regional VIC %Number%Regional VIC %2006 to 2011
map this data in atlas.idFully owned3,32840.737.33,42242.939.1-94
map this data in atlas.idMortgage2,52130.832.12,38529.931.8+136
Renting
1,78121.824.11,69921.322.7+82
map this data in atlas.idRenting - Social housing3083.84.03153.94.2-7
map this data in atlas.idRenting - Private1,41017.219.31,29316.217.5+117
Renting - Not stated
630.80.8911.11.0-28
Other tenure type
841.00.8851.10.8-1
Not stated
4655.75.63864.85.6+79

Source: Australian Bureau of Statistics, Census of Population and Housing 2006 and 2011. Compiled and presented by .id , the population experts.

Housing tenure, 2011
Housing tenure, 2011 Other tenure type, Regional VIC: 0.8% Renting - Private, Regional VIC: 19.3% Renting - Social housing, Regional VIC: 4.0% Renting, Regional VIC: 24.1% Mortgage, Regional VIC: 32.1% Fully owned, Regional VIC: 37.3% Other tenure type, Colac Otway Shire: 1.0% Renting - Private, Colac Otway Shire: 17.2% Renting - Social housing, Colac Otway Shire: 3.8% Renting, Colac Otway Shire: 21.8% Mortgage, Colac Otway Shire: 30.8% Fully owned, Colac Otway Shire: 40.7%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.
Change in housing tenure, 2006 to 2011
Change in housing tenure, 2006 to 2011 Other tenure type, Colac Otway Shire: -1 Renting - Private, Colac Otway Shire: +117 Renting - Social housing, Colac Otway Shire: -7 Renting, Colac Otway Shire: +82 Mortgage, Colac Otway Shire: +136 Fully owned, Colac Otway Shire: -94
Source: Australian Bureau of Statistics, Census of Population and Housing, 2006 and 2011 (Enumerated data)
Compiled and presented in profile.id by .id, the population experts.

Dominant groups

Analysis of the housing tenure of the population of Colac Otway Shire in 2011 compared to Regional VIC shows that there was a larger proportion of households who owned their dwelling; a smaller proportion purchasing their dwelling; and a smaller proportion who were renters.

Overall, 40.7% of the population owned their dwelling; 30.8% were purchasing, and 21.8% were renting, compared with 37.3%, 32.1% and 24.1% respectively for Regional VIC.

Emerging groups

The largest changes in housing tenure categories for the households in Colac Otway Shire between 2006 and 2011 were:

  • Mortgage (+136 persons)
  • Renting - Private (+117 persons)
  • Fully owned (-94 persons)

The total number of households in Colac Otway Shire increased by 202 between 2006 and 2011.

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