One minute read
Some 1.1 million new homes have been built across Australia over the past decade.
According to the census, most were detached houses, followed by townhouses and then apartments.
With regard to housing tenure, in this Missive, we have included two tables.
Table 1
Australia, change in housing tenure, 2006 to 2016
Tenure | Detached | Townhouses | Apartments |
Owned | 11% | 19% | 3% |
Mortgage | 49% | 27% | 27% |
Rented | 40% | 54% | 70% |
Table 2
Australia, current housing tenure, 2016
Tenure | Detached | Townhouses | Apartments |
Owned | 36% | 23% | 15% |
Mortgage | 41% | 26% | 17% |
Rented | 23% | 51% | 68% |
A 10 second summary:
- Detached houses remain mostly held by owner occupiers. But most growth in owners with a mortgage.
- Townhouses are a fifty-fifty split between owner residents and investors.
- Apartments remain in the investor realm and increasingly so.
When it comes to rental property, only half are managed by real estate agents.
A further 25% are rented via a government arrangement/agency or employee, with the remaining quarter held by a relative or friend of the tenant.
Putting aside survey bias, these statistics suggest that real estate surveys, such as vacancy rates, represent only a proportion of what’s going on in the rental market.
Keen to hear your thoughts.

Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to Michael Yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.

Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.
'Housing tenure – who rents and who owns what?' have no comments
Be the first to comment this post!