$280 ▲ +55.6%
Lower than 78% of statistical area 2 (sa2) areas.
- 2011: $180
- 2016: $220
- 2021: $280
Median weekly rent paid by households renting their home.
Korumburra · Statistical Area 2 (SA2)
Housing & Dwellings in Korumburra
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define Korumburra, where the typical weekly rent is just $280. This affordability is paired with a high rate of home ownership, as 42.2% of residents own their homes outright. Most people here live in large, detached houses.
$280
▲ +55.6%
- $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 Korumburra — lower than 78% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $280, which is well below the Victorian figure of $370. Mortgage payments are also much lower than most areas, with the usual monthly payment sitting at $1,499.
$1,499 ▲ +8.1%
Lower than 73% of statistical area 2 (sa2) areas.
- 2011: $1,387
- 2016: $1,323
- 2021: $1,499
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Korumburra, $200–$349 is the majority at 57%; $350–$549 is next at 22%.
Monthly mortgage distribution
View on map →In Korumburra, the largest group is $1,000–$1,799 at 40%, followed by $1,800–$2,999 (27%) and Under $1,000 (25%).
Owning & renting
How homes are owned or rented.
Owning a home outright is far more common here than in the rest of Australia, at 42.2%. This helps explain why the proportion of households renting is far below the national figure, falling to 14.1% since 2011.
14.1% ▼ -18.0%
Lower than 88% of statistical area 2 (sa2) areas.
- 2011: 17.1%
- 2016: 18.1%
- 2021: 14.1%
Share of occupied private dwellings that are rented.
42.2% ▲ +4.3%
Higher than 81% of statistical area 2 (sa2) areas.
- 2011: 40.5%
- 2016: 39.4%
- 2021: 42.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Korumburra splits fairly evenly between Owned outright (42%) and Owned with a mortgage (40%), with Rented at 14%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses make up 94.9% of the market, a figure far above the Victorian average. These homes tend to be large, with 83.1% having three or more bedrooms.
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.
94.9% ▲ +0.1%
Higher than 82% of statistical area 2 (sa2) areas.
- 2011: 94.8%
- 2016: 94.9%
- 2021: 94.9%
Share of occupied private dwellings that are separate houses.
83.1% ▲ +2.1%
Higher than 63% of statistical area 2 (sa2) areas.
- 2011: 81.4%
- 2016: 81.6%
- 2021: 83.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Korumburra, Separate house is the majority at 95%; Townhouse / semi-detached is next at 4%.
Bedrooms per home
View on map →In Korumburra, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (30%) and 2 bedrooms (13%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Korumburra
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Korumburra [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/205031089/korumburra/topic/housing-dwellings