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City of MonashCommunity profile

Glen Waverley

Housing tenure

In Glen Waverley, 67% of households were purchasing or fully owned their home, 25.8% were renting privately, and 0.7% were in social housing in 2021.

Glen Waverley'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 Glen Waverley, 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
Glen Waverley - Households (Enumerated)20212016Change
Tenure typeNumber%City of Monash %Number%City of Monash %2016 to 2021
Fully owned5,95939.935.16,03343.436.8-74
Mortgage4,10527.529.23,80727.428.0+298
Renting - Total3,97326.629.43,27623.627.8+697
Renting - Social housing1030.72.1810.62.2+22
Renting - Private3,85525.827.23,18822.925.5+667
Renting - Not stated150.10.170.10.1+8
Other tenure type3292.22.22141.51.7+115
Not stated5703.84.05644.15.7+6
Total households14,936100.0100.013,894100.0100.0+1,042
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 Glen Waverley in 2021 compared to the City of Monash 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, 39.9% of households owned their dwelling; 27.5% were purchasing, and 26.6% were renting, compared with 35.1%, 29.2% and 29.4% respectively for the City of Monash.

Emerging groups

The largest changes in housing tenure categories for the households in Glen Waverley between 2016 and 2021 were:

  • Renting - Private (+667 households)
  • Mortgage (+298 households)
  • Other tenure type (+115 households)
  • Fully owned (-74 households)

The total number of households in Glen Waverley increased by 1,042 between 2016 and 2021.

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