$451 ▲ +67.0%
Higher than 87% of federal electorate areas.
- 2011: $270
- 2016: $320
- 2021: $451
Median weekly rent paid by households renting their home.
Kooyong · Federal Electorate
Where and how people live — the homes, how they are held, and what they cost.
Over half of the homes in Kooyong are separate houses, though this is far fewer than in most other areas. The suburb is marked by high property costs, with typical monthly mortgage payments reaching $2,936. This financial pressure is balanced by a significant number of residents who own their homes outright.
All federal electorate areas, 2021. The marker is Kooyong — higher than 87% of areas.
| Kooyong | $451 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are among the highest at this level and well above the Victorian figure of $1,859. Rent is also much higher than most areas, with the usual weekly rent rising to $451 since 2011.
$451 ▲ +67.0%
Higher than 87% of federal electorate areas.
Median weekly rent paid by households renting their home.
$2,936 ▲ +69.4%
Higher than 98% of federal electorate areas.
Median monthly mortgage repayment for households with a mortgage.
In Kooyong, the largest group is $350–$549 at 49%, followed by $550–$749 (18%) and $200–$349 (15%).
In Kooyong, the largest group is $3,000 or more at 50%, followed by $1,800–$2,999 (22%) and $1,000–$1,799 (14%).
How homes are owned or rented.
Ownership is strong here, as 38.7% of homes are owned outright, which is well above the national figure of 31%. This is a significant increase from 2011, while the share of households renting has risen slightly to 29%.
29.0% ▲ +14.2%
Higher than 53% of federal electorate areas.
Share of occupied private dwellings that are rented.
38.7% ▲ +70.2%
Higher than 86% of federal electorate areas.
Share of occupied private dwellings owned outright (no mortgage).
In Kooyong, the largest group is Owned outright at 39%, followed by Owned with a mortgage (30%) and Rented (29%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 54.1% of dwellings, a figure far below the state average of 73.4%. Large homes are becoming less common, as the proportion of houses with three or more bedrooms fell by 25 points since 2011.
0.80 ▼ -27.3%
Lower than 71% of federal electorate areas.
Average number of usual residents per bedroom — a crowding measure.
54.1% ▼ -40.0%
Lower than 86% of federal electorate areas.
Share of occupied private dwellings that are separate houses.
65.0% ▼ -27.8%
Lower than 81% of federal electorate areas.
Share of occupied private dwellings with three or more bedrooms.
In Kooyong, Separate house is the majority at 54%; Flat or apartment is next at 25%.
Kooyong splits fairly evenly between 3 bedrooms (31%) and 2 bedrooms (27%), with 4 bedrooms at 25%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Kooyong [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ced/CED226/kooyong/topic/housing-dwellings