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Far West NSW and Orana's Mortgage-Free Elite: Ranking Suburbs with the Highest Proportion of Owned Outright Dwellings
The proportion of occupied private dwellings that are owned completely without any mortgage as of the 10th of August for the 2021 Australian Census.
The data on owned outright properties can be useful for property investors and those looking to move to a new suburb. For property investors, this data can help them identify suburbs with a high proportion of owned outright properties, indicating a stable and financially secure community. This can be an attractive feature for investors looking for long-term investments. For those looking to move, this data can provide insight into the livability of a suburb. A high proportion of owned outright properties can indicate a strong sense of community and stability, which can be important factors for families or individuals looking for a new home. Additionally, this data can also be useful for policymakers and urban planners in identifying areas that may require additional support or resources to increase homeownership rates.
Data from 2023