Melbourne city: Homeownership Rate Trend
How Melbourne city's homeownership rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
58.2%
2023
60.3%
Total change
+2.1 pp
% change
+3.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 58.2% | — |
| 2019 | 58.1% | -0.1 pp (-0.2%) |
| 2020 | 57.8% | -0.3 pp (-0.5%) |
| 2021 | 58.9% | +1.1 pp (1.9%) |
| 2022 | 58.8% | -0.1 pp (-0.2%) |
| 2023 | 60.3% | +1.5 pp (2.6%) |