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LEARN MORE ABOUT .idIn North Lakes, 58% of households were purchasing or fully owned their home, 35.7% were renting privately, and 0.8% were in social housing in 2021.
North Lakes'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 North Lakes, 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 North Lakes in 2021 compared to Redcliffe Major Activity Centre shows that there was a smaller proportion of households who owned their dwelling; a larger proportion purchasing their dwelling; and a smaller proportion who were renters.
Overall, 17.3% of households owned their dwelling; 40.7% were purchasing, and 36.7% were renting, compared with 30.3%, 12.4% and 42.6% respectively for Redcliffe Major Activity Centre.
Emerging groups
The largest changes in housing tenure categories for the households in North Lakes between 2001 and 2021 were:
- Mortgage (+3,059 households)
- Renting - Private (+2,736 households)
- Fully owned (+1,309 households)
- Other tenure type (+204 households)
The total number of households in North Lakes increased by 7,590 between 2001 and 2021.
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