Hotbed of home owners

Real estate agent Ian Henry says Chittering offers great value for money.
Real estate agent Ian Henry says Chittering offers great value for money.

There are just over 1500 homes in the Shire and 85.5 per cent of them are occupied by their owners.

That is considerably higher than the average home ownership rate of 67 per cent for the rest of the nation.

The rate is defined as the number of occupied private dwellings which are owned outright, owned with a mortgage or being purchased under a rent/buy scheme by a member of the household.

Bullsbrook Elders real estate sales specialist Ian Henry said people were realising the potential of the area.

‘You can get 20 times the amount of land in Chittering for the same money just down the road in places like The Vines,’ he said.

An Australian Bureau of Statistics spokesperson said there was a trend amongst the top 10 areas for home ownership.

‘All of these local government areas are located near large cities and alongside transport links, such as highways or expressways.

‘They offer residents housing, along with access to city services and employment.’

Nearby Bullsbrook is also experiencing a mini property boom.

‘There’s a huge resurgence of interest in the town,’ Mr Henry said.

‘I’ve been here 30 years and all we have got is a Muzz Buzz and a food caravan, nothing changed, but now things are starting to happen,’ he said

‘It’s not just a back block anymore ” we’re getting the Perth-Darwin Highway, more and more facilities.’

The top two areas for home ownership in Australia are Golden Plains and Nillumbik ” both in rural Victoria ” which have 88.5 per cent and 88.4 per cent of homes owned respectively.