Ascot Vale (N)
Housing tenure
In Ascot Vale (N), 52% of households were purchasing or fully owned their home, 26.3% were renting privately, and 11.7% were in social housing in 2016.
Ascot Vale (N)'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 Ascot Vale (N), Tenure data is useful for analysing housing markets, housing affordability and identifying public housing areas.
Further reading: How can Councils influence affordable housing.
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
Source: Australian Bureau of Statistics, Census of Population and Housing (opens a new window) 2011 and 2016. Compiled and presented by .id (opens a new window)(informed decisions).
(Enumerated data)
Compiled and presented in profile.id by .id (informed decisions).
Compiled and presented in profile.id by .id (informed decisions).
Dominant groups
Analysis of the housing tenure of households of Ascot Vale (N) in 2016 compared to the City of Moonee Valley shows that there was a smaller proportion of households who owned their dwelling; a similar proportion purchasing their dwelling; and a larger proportion who were renters.
Overall, 24.0% of households owned their dwelling; 28.1% were purchasing, and 38.1% were renting, compared with 33.3%, 27.6% and 30.2% respectively for the City of Moonee Valley.
Emerging groups
The largest changes in housing tenure categories for the households in Ascot Vale (N) between 2011 and 2016 were:
- Renting - Private (+274 households)
- Mortgage (+109 households)
- Fully owned (+85 households)
The total number of households in Ascot Vale (N) increased by 530 between 2011 and 2016.