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In Rural Balance, 74% of households were purchasing or fully owned their home, 15.2% were renting privately, and 0.0% were in social housing in 2011.

Rural Balance'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 Rural Balance, 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
Rural Balance20112006Change
Tenure typeNumber%City of Melton %Number%City of Melton %2006 to 2011
map this data in atlas.idFully owned48836.921.241839.921.8+70
map this data in atlas.idMortgage49637.553.134833.256.4+148
Renting
20815.719.318918.115.2+19
map this data in atlas.idRenting - Social housing00.01.330.31.4-3
map this data in atlas.idRenting - Private20015.217.716615.813.4+35
Renting - Not stated
80.60.3202.00.4-13
Other tenure type
110.80.870.70.6+4
Not stated
1189.05.6858.26.1+33

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, City of Melton: 0.8% Renting - Private, City of Melton: 17.7% Renting - Social housing, City of Melton: 1.3% Renting, City of Melton: 19.3% Mortgage, City of Melton: 53.1% Fully owned, City of Melton: 21.2% Other tenure type, Rural Balance: 0.8% Renting - Private, Rural Balance: 15.2% Renting - Social housing, Rural Balance: 0.0% Renting, Rural Balance: 15.7% Mortgage, Rural Balance: 37.5% Fully owned, Rural Balance: 36.9%
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, Rural Balance: +4 Renting - Private, Rural Balance: +35 Renting - Social housing, Rural Balance: -3 Renting, Rural Balance: +19 Mortgage, Rural Balance: +148 Fully owned, Rural Balance: +70
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 Rural Balance in 2011 compared to the City of Melton 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, 36.9% of the population owned their dwelling; 37.5% were purchasing, and 15.7% were renting, compared with 21.2%, 53.1% and 19.3% respectively for the City of Melton.

Emerging groups

The largest changes in housing tenure categories for the households in Rural Balance between 2006 and 2011 were:

  • Mortgage (+148 persons)
  • Fully owned (+70 persons)

The total number of households in Rural Balance increased by 273 between 2006 and 2011.