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Hobsons Bay CityCommunity profile

Altona - Seaholme

Housing tenure

In Altona - Seaholme, 65% of households were purchasing or fully owned their home, 26.7% were renting privately, and 1.9% were in social housing in 2021.

Altona - Seaholme'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 Altona - Seaholme, 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
Altona - Seaholme - Households (Enumerated)20212016Change
Tenure typeNumber%Greater Melbourne %Number%Greater Melbourne %2016 to 2021
Fully owned2,09636.128.72,00537.129.0+91
Mortgage1,70229.335.61,40125.934.3+301
Renting - Total1,66828.729.21,52328.228.1+145
Renting - Social housing1081.92.3891.62.6+19
Renting - Private1,55126.726.81,43026.425.3+121
Renting - Not stated90.20.140.10.2+5
Other tenure type861.51.6771.41.5+9
Not stated2514.34.84047.57.1-153
Total households5,803100.0100.05,410100.0100.0+393
Source: Australian Bureau of Statistics, Census of Population and Housing 2016 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 Altona - Seaholme in 2021 compared to Greater Melbourne shows that there was a larger proportion of households who owned their dwelling; a smaller proportion purchasing their dwelling; and a similar proportion who were renters.

Overall, 36.1% of households owned their dwelling; 29.3% were purchasing, and 28.7% were renting, compared with 28.7%, 35.6% and 29.2% respectively for Greater Melbourne.

Emerging groups

The largest changes in housing tenure categories for the households in Altona - Seaholme between 2016 and 2021 were:

  • Mortgage (+301 households)
  • Renting - Private (+121 households)
  • Fully owned (+91 households)

The total number of households in Altona - Seaholme increased by 393 between 2016 and 2021.

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