$386 ▲ +48.5%
Higher than 56% of statistical area 2 (sa2) areas.
- 2011: $260
- 2016: $315
- 2021: $386
Median weekly rent paid by households renting their home.
Bannockburn · Statistical Area 2 (SA2)
Housing & Dwellings in Bannockburn
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments have risen by $174 since 2011 in Bannockburn, reflecting a changing housing landscape. The area is dominated by large family homes, with 94% of dwellings having three or more bedrooms. Most people here own their homes, and very few rent compared to the state average.
$386
▲ +48.5%
- $100–$121: 37 areas
- $121–$143: 11 areas
- $143–$164: 27 areas
- $164–$186: 32 areas
- $186–$207: 63 areas
- $207–$229: 57 areas
- $229–$250: 59 areas
- $250–$271: 158 areas
- $271–$293: 106 areas
- $293–$314: 178 areas
- $314–$336: 149 areas
- $336–$357: 207 areas
- $357–$379: 179 areas
- $379–$400: 182 areas
- $400–$421: 312 areas
- $421–$443: 103 areas
- $443–$464: 158 areas
- $464–$486: 69 areas
- $486–$507: 85 areas
- $507–$529: 38 areas
- $529–$550: 32 areas
- $550–$571: 45 areas
- $571–$593: 19 areas
- $593–$614: 34 areas
- $614–$636: 8 areas
- $636–$657: 11 areas
- $657–$679: 5 areas
- $679–$700: 28 areas
All statistical area 2 (sa2) areas, 2021. The marker is Bannockburn — higher than 56% of areas.
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $386 and the usual monthly mortgage payment is $1,907. Both figures are about the same as the Victorian and national averages, though rent has climbed by $126 since 2011.
$1,907 ▲ +10.0%
Higher than 54% of statistical area 2 (sa2) areas.
- 2011: $1,733
- 2016: $1,772
- 2021: $1,907
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Bannockburn, $350–$549 is the majority at 62%; $200–$349 is next at 29%.
Monthly mortgage distribution
View on map →In Bannockburn, the largest group is $1,800–$2,999 at 42%, followed by $1,000–$1,799 (32%) and Under $1,000 (13%).
Owning & renting
How homes are owned or rented.
Renters make up only 10.2% of households, which is far below the national figure of 30.6%. Most homes are owned with a mortgage (56.7%) or owned outright (31.0%).
10.2% ▼ -1.0%
Lower than 96% of statistical area 2 (sa2) areas.
- 2011: 10.3%
- 2016: 12.0%
- 2021: 10.2%
Share of occupied private dwellings that are rented.
31.0% ▼ -5.5%
Lower than 54% of statistical area 2 (sa2) areas.
- 2011: 32.8%
- 2016: 28.2%
- 2021: 31.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Bannockburn, Owned with a mortgage is the majority at 57%; Owned outright is next at 31%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 96.3% of the market, far above the state average of 73.4%. These are typically large homes, with 53.5% having four bedrooms and 94% having three or more.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
96.3% ▼ -3.2%
Higher than 88% of statistical area 2 (sa2) areas.
- 2011: 99.5%
- 2016: 99.4%
- 2021: 96.3%
Share of occupied private dwellings that are separate houses.
94.0% ▲ +2.3%
Higher than 92% of statistical area 2 (sa2) areas.
- 2011: 91.9%
- 2016: 91.8%
- 2021: 94.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Bannockburn, Separate house is the majority at 96%; Townhouse / semi-detached is next at 3%.
Bedrooms per home
View on map →In Bannockburn, 4 bedrooms is the majority at 54%; 3 bedrooms is next at 33%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Bannockburn
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Bannockburn [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/203011034/bannockburn/topic/housing-dwellings