$370 ▲ +39.6%
Higher than 50% of statistical area 2 (sa2) areas.
- 2011: $265
- 2016: $310
- 2021: $370
Median weekly rent paid by households renting their home.
Lara · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Far more large family homes are found in Lara than in the typical Victorian or Australian suburb. About 86% of dwellings have three or more bedrooms, creating a landscape dominated by spacious houses. This makes the area stand out significantly from the state and national averages.
All statistical area 2 (sa2) areas, 2021. The marker is Lara — higher than 50% of areas.
Rents, mortgages and crowding.
Typical weekly rents are $370 and monthly mortgage payments are $1,755, both of which are about the same as the Victorian and national figures. Since 2011, typical rents have risen by $105 and mortgage payments by $108.
$370 ▲ +39.6%
Higher than 50% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,755 ▲ +6.6%
Lower than 56% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Lara, $350–$549 is the majority at 57%; $200–$349 is next at 29%.
Lara splits fairly evenly between $1,800–$2,999 (39%) and $1,000–$1,799 (37%), with Under $1,000 at 14%.
How homes are owned or rented.
Renting is much less common here, with only 20.7% of households renting, which is well below the national figure of 30.6%. Meanwhile, 31.7% of homes are owned outright, a figure that has barely changed since 2011.
20.7% ▲ +4.2%
Lower than 69% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
31.7% ▲ +0.7%
Lower than 52% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Lara, the largest group is Owned with a mortgage at 45%, followed by Owned outright (32%) and Rented (21%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 90.4% of the area, which is far above the national average of 72.3%. These homes tend to be large, with 42.4% having three bedrooms and another 38.6% having four.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
90.4% ▼ -3.1%
Higher than 66% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
86.3% ▼ -0.5%
Higher than 71% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Lara, Separate house is the majority at 90%; Townhouse / semi-detached is next at 9%.
Lara splits fairly evenly between 3 bedrooms (43%) and 4 bedrooms (39%), with 2 bedrooms at 11%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lara [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/203021043/lara/topic/housing-dwellings