Research Reports and Evaluations - Page 14

number of affordable rental dwellings. Figures 1 and 2 based on the Victorian rental report (DHS 2014b) data show the proportion of rental stock considered affordable from March 2000 to March 2014 based on 30% affordability threshold measure. For most of 2000 up to 2008 more than half of the available dwellings fell within an affordable threshold. Following 2008 there was a sharp decline where the proportion of affordable rental housing fell below the Victorian average. There has been some improvement for all dwellings in the last two years increasing from 10% in 2011 to just below 20% in 2014. However, this upward trend as not been matched for two bedroom dwellings where there proportion considered affordable sits below 5% of dwellings. Figure 1. Proportion of affordable private rental in Whittlesea, all properties 2000-2014 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% Mar 2000 Sep 2000 Mar 2001 Sep 2001 Mar 2002 Sep 2002 Mar 2003 Sep 2003 Mar 2004 Sep 2004 Mar 2005 Sep 2005 Mar 2006 Sep 2006 Mar 2007 Sep 2007 Mar 2008 Sep 2008 Mar 2009 Sep 2009 Mar 2010 Sep 2010 Mar 2011 Sep 2011 Mar 2012 Sep 2012 Mar 2013 Sep 2013 Mar 2014 0.0% Whittlesea Victoria Metro Source: DHS Victorian Rental Report, 2014 Figure 2. Proportion of affordable private rental in Whittlesea, 2 bedroom properties 2000-2014 45.0% 40.0% 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% Mar 2000 Sep 2000 Mar 2001 Sep 2001 Mar 2002 Sep 2002 Mar 2003 Sep 2003 Mar 2004 Sep 2004 Mar 2005 Sep 2005 Mar 2006 Sep 2006 Mar 2007 Sep 2007 Mar 2008 Sep 2008 Mar 2009 Sep 2009 Mar 2010 Sep 2010 Mar 2011 Sep 2011 Mar 2012 Sep 2012 Mar 2013 Sep 2013 Mar 2014 0.0% Whittlesea Victoria Source: DHS Victorian Rental Report, 2014 7 Metro