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LEARN MORE ABOUT .idIn Woodstock - Eden Park - Beveridge, 84% of households were purchasing or fully owned their home, 6.4% were renting privately, and 0.0% were in social housing in 2021.
Woodstock - Eden Park - Beveridge'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 Woodstock - Eden Park - Beveridge, 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 Woodstock - Eden Park - Beveridge in 2021 compared to Wollert 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, 44.4% of households owned their dwelling; 39.8% were purchasing, and 6.4% were renting, compared with 10.8%, 60.7% and 22.9% respectively for Wollert.
Emerging groups
There were no major differences in Woodstock - Eden Park - Beveridge between 2006 and 2021.
The total number of households in Woodstock - Eden Park - Beveridge increased by 22 between 2006 and 2021.
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