The home-ownership profile in a suburb can be a touchy subject. We all have to live in our community, and nobody is served very well when we are divided into us and them. But, the composition of home ownership in the area is a topic which people bring up with me from time to time. Buyers at an open-for-inspection will sometime ask straight up whether there are Government rentals nearby. And, potential sellers sometimes share with me their perceptions of how many rentals there are in their street or surrounding streets: especially when the grass is waist-high, some neighbours like to party late at night, or they identify a nearby property as a ‘drug house.’ It’s not a topic which everyone is comfortable talking about, especially as it can easily seem snobby. But, the reality is that neighbourhoods are not just made up of properties, they are also made up of people. And, some long-term owners are keenly observant of social changes around their home, probably for a variety of reasons, one of which might be that they think that changes over time may affect their property value eventually. Looking at statistics for Ginninderra as a whole, it is dominated by #owneroccupiers with an average of 79%. This stands out significantly against the national average of 65% recorded in the 2016 Census. According to data from allhomes, CHARNWOOD with 67% has the lowest amount of owner-occupiers in the district, but is still higher than the national average. FRASER is almost off the chart with 87% owner-occupiers. FRASER also stands out with the lowest number of #privaterentals (9%), while HALL Village has the highest number of private rentals (19%) in the district. NICHOLLS apparently has the lowest number of Government rentals (2%), while CHARNWOOD with 15% has the highest amount of Government-owned properties in Ginninderra. This demographic data provided by allhomes is compiled from a variety of sources, including the Australian Bureau of Statistics. Next Tuesday, 28 June 2022, the ABS is releasing the Key Population Data from the 2021 Census. It will be interesting to have a look at whether this includes home ownership stats, and whether there has been much change in Ginninderra.
