Powered by .id (informed decisions) for City of Melton
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LEARN MORE ABOUT .idIn Melton East, 78% of households were purchasing or fully owned their home, 15.3% were renting privately, and 0.3% were in social housing in 2021.
Melton East'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 Melton East, 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 Melton East in 2021 compared to Caroline Springs shows that there was a larger proportion of households who owned their dwelling; a larger proportion purchasing their dwelling; and a smaller proportion who were renters.
Overall, 25.4% of households owned their dwelling; 53.0% were purchasing, and 15.6% were renting, compared with 22.6%, 50.1% and 21.4% respectively for Caroline Springs.
Emerging groups
The largest changes in housing tenure categories for the households in Melton East between 2016 and 2021 were:
- Fully owned (+1,157 households)
- Renting - Private (+215 households)
- Other tenure type (+120 households)
- Mortgage (-109 households)
The total number of households in Melton East increased by 1,105 between 2016 and 2021.
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