Prairiewood
Housing tenure
In Prairiewood, 63% of households were purchasing or fully owned their home, 18.6% were renting privately, and 13.1% were in social housing in 2021.
Prairiewood'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 Prairiewood, 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) 2016 and 2021. 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 Prairiewood in 2021 compared to Australia shows that there was a larger proportion of households who owned their dwelling; a smaller proportion purchasing their dwelling; and a larger proportion who were renters.
Overall, 37.6% of households owned their dwelling; 24.9% were purchasing, and 31.7% were renting, compared with 29.9%, 33.2% and 29.5% respectively for Australia.
Emerging groups
The largest change in housing tenure categories for the households in Prairiewood between 2016 and 2021 was:
- Renting - Private (+72 households)
The total number of households in Prairiewood increased by 108 between 2016 and 2021.