Powered by .id (informed decisions) for Gold Coast City
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LEARN MORE ABOUT .idIn Division 01, 55% of households were purchasing or fully owned their home, 37.6% were renting privately, and 0.9% were in social housing in 2021.
Division 01'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 Division 01, 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 Division 01 in 2021 compared to Runaway Bay shows that there was a smaller proportion of households who owned their dwelling; a larger proportion purchasing their dwelling; and a larger proportion who were renters.
Overall, 16.2% of households owned their dwelling; 38.6% were purchasing, and 38.6% were renting, compared with 41.6%, 26.7% and 23.3% respectively for Runaway Bay.
Emerging groups
The largest changes in housing tenure categories for the households in Division 01 between 2016 and 2021 were:
- Mortgage (+2,806 households)
- Renting - Private (+2,655 households)
- Fully owned (+950 households)
The total number of households in Division 01 increased by 6,644 between 2016 and 2021.
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