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City of DarebinCommunity profile

Reservoir (Edwardes Lake)

Housing tenure

In Reservoir (Edwardes Lake), 55% of households were purchasing or fully owned their home, 36.5% were renting privately, and 2.3% were in social housing in 2021.

Reservoir (Edwardes Lake)'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 Reservoir (Edwardes Lake), 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?'

Housing tenure
Reservoir (Edwardes Lake) - Households (Enumerated)20212001Change
Tenure typeNumber%Victoria %Number%Victoria %2001 to 2021
Fully owned1,51725.731.02,25346.942.9-736
Mortgage1,71429.034.682117.127.8+893
Renting - Total2,30539.027.51,48130.823.3+823
Renting - Social housing1382.32.51262.63.5+12
Renting - Private2,15436.524.91,32527.619.2+828
Renting - Not stated130.20.1300.60.6-17
Other tenure type771.31.7601.31.2+17
Not stated2904.95.21873.94.8+102
Total households5,903100.0100.04,803100.0100.0+1,099
Source: Australian Bureau of Statistics, Census of Population and Housing 2001 and 2021. Compiled and presented by .id (informed decisions).
Please refer to specific data notes for more information

Dominant groups

Analysis of the housing tenure of households of Reservoir (Edwardes Lake) in 2021 compared to Victoria shows that there was a smaller proportion of households who owned their dwelling; a smaller proportion purchasing their dwelling; and a larger proportion who were renters.

Overall, 25.7% of households owned their dwelling; 29.0% were purchasing, and 39.0% were renting, compared with 31.0%, 34.6% and 27.5% respectively for Victoria.

Emerging groups

The largest changes in housing tenure categories for the households in Reservoir (Edwardes Lake) between 2001 and 2021 were:

  • Mortgage (+893 households)
  • Renting - Private (+828 households)
  • Fully owned (-736 households)

The total number of households in Reservoir (Edwardes Lake) increased by 1,100 between 2001 and 2021.

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