Old Bar - Wallabi point
Housing tenure
In Old Bar - Wallabi point, 68% of households were purchasing or fully owned their home, 23.7% were renting privately, and 0.2% were in social housing in 2021.
Old Bar - Wallabi point'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 Old Bar - Wallabi point, 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 Old Bar - Wallabi point in 2021 compared to MidCoast Council area shows that there was a smaller proportion of households who owned their dwelling; a larger proportion purchasing their dwelling; and a larger proportion who were renters.
Overall, 42.9% of households owned their dwelling; 24.8% were purchasing, and 24.0% were renting, compared with 46.0%, 22.7% and 21.5% respectively for MidCoast Council area.
Emerging groups
The largest changes in housing tenure categories for the households in Old Bar - Wallabi point between 2016 and 2021 were:
- Fully owned (+205 households)
- Mortgage (+120 households)
- Renting - Private (+86 households)
The total number of households in Old Bar - Wallabi point increased by 453 between 2016 and 2021.