Given the amount of recent discussion about the process of collecting data every five years via the Census, and people’s concerns about the security of that data, we thought this might be a timely opportunity to look at what sorts of information we gain every five years…particularly as it related to the property market.
Females lead the home ownership race
If we look back to the figures that came out of the last Census, conducted in 2011, we learned that for the first time in our nation’s history, that women had surpassed men as the majority property owners in this country.
Yes, according to the analysis from the Australian Bureau of Statistics, in 2011 a total of 61% of women owned their own homes. This compares with 58% of men who owned their own property at the time.
Even more so in single households
Interestingly, the home ownership gap between women and men was even greater when just single person households were examined. Apparently, the Census showed that 65% of single female households owned their own home, compared with 55% of single male households.
Why Census figures are important
Figures like these are important for bodies like Government agencies when they are making decisions about the allocation of resources, particularly when many people’s assumptions about property ownership might prove to be misguided.
So if you haven’t got around to submitting your Census for 2016 yet because you thought it wasn’t important, perhaps it might be worth reconsidering?
09/24/2024 
