$290 ▼ -3.3%
Lower than 84% of federal electorate areas.
- 2011: $300
- 2016: $325
- 2021: $290
Median weekly rent paid by households renting their home.
Monash · Federal Electorate
Housing & Dwellings in Monash
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define Monash, where a huge majority of people live in large, separate houses. The area stands out for its high rate of home ownership and affordable living, with the typical weekly rent being well below the national figure.
$290
▼ -3.3%
- $200–$214: 2 areas
- $214–$229: 1 area
- $229–$243: 4 areas
- $243–$257: 7 areas
- $257–$271: 5 areas
- $271–$286: 3 areas
- $286–$300: 2 areas
- $300–$314: 8 areas
- $314–$329: 12 areas
- $329–$343: 5 areas
- $343–$357: 14 areas
- $357–$371: 9 areas
- $371–$386: 14 areas
- $386–$400: 8 areas
- $400–$414: 18 areas
- $414–$429: 8 areas
- $429–$443: 9 areas
- $443–$457: 4 areas
- $457–$471: 1 area
- $471–$486: 3 areas
- $486–$500: 2 areas
- $500–$514: 3 areas
- $514–$529: 0 areas
- $529–$543: 0 areas
- $543–$557: 4 areas
- $557–$571: 2 areas
- $571–$586: 0 areas
- $586–$600: 3 areas
All federal electorate areas, 2021. The marker is Monash — lower than 84% of areas.
| Monash | $290 |
|---|---|
| Rest of Vic. | $285 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $290, which is well below the Victorian figure of $370. Monthly mortgage payments are also much lower than most areas at $1,500, falling $233 since 2011.
$1,500 ▼ -13.4%
Lower than 84% of federal electorate areas.
- 2011: $1,733
- 2016: $1,733
- 2021: $1,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Monash, $200–$349 is the majority at 51%; $350–$549 is next at 27%.
Monthly mortgage distribution
View on map →In Monash, the largest group is $1,000–$1,799 at 43%, followed by $1,800–$2,999 (25%) and Under $1,000 (25%).
Owning & renting
How homes are owned or rented.
Home ownership is very high in Monash, with 42.8% of homes owned outright—far above the national figure of 31%. Meanwhile, the 19.9% of households renting is among the lowest for similar areas.
19.9% ▲ +0.5%
Lower than 90% of federal electorate areas.
- 2011: 19.8%
- 2016: 21.9%
- 2021: 19.9%
Share of occupied private dwellings that are rented.
42.8% ▲ +8.8%
Higher than 99% of federal electorate areas.
- 2011: 39.4%
- 2016: 34.0%
- 2021: 42.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Monash, the largest group is Owned outright at 43%, followed by Owned with a mortgage (33%) and Rented (20%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 91.3% of the market, a figure far above the Victorian average. Most homes are large, with 80% having three or more bedrooms, though the number of people per bedroom has fallen to 0.70 since 2011.
0.70 ▼ -36.4%
Lower than 99% of federal electorate areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
91.3% ▲ +0.6%
Higher than 90% of federal electorate areas.
- 2011: 90.7%
- 2016: 84.9%
- 2021: 91.3%
Share of occupied private dwellings that are separate houses.
80.0% ▼ -9.8%
Higher than 61% of federal electorate areas.
- 2011: 88.7%
- 2016: 86.8%
- 2021: 80.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Monash, Separate house is the majority at 91%; Townhouse / semi-detached is next at 5%.
Bedrooms per home
View on map →In Monash, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (29%) and 2 bedrooms (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Monash
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Monash [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ced/CED235/monash/topic/housing-dwellings