$421 ▲ +30.3%
Higher than 72% of statistical area 2 (sa2) areas.
- 2011: $323
- 2016: $378
- 2021: $421
Median weekly rent paid by households renting their home.
Pascoe Vale South · Statistical Area 2 (SA2)
Housing & Dwellings in Pascoe Vale South
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments have climbed by $213 since 2011 in Pascoe Vale South, reflecting a broader trend of rising costs. The area is now a place where typical home loans are much higher than in most other similar areas. This trend comes alongside a shift in ownership, as the number of homes owned outright has fallen by 5.5 percentage points over the last decade.
$421
▲ +30.3%
- $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 Pascoe Vale South — higher than 72% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly home-loan payments are $2,167, which is a little above the Victorian figure of $1,859. Renting is also more expensive than in most areas, with the usual weekly rent at $421, up $98 since 2011.
$2,167 ▲ +10.9%
Higher than 73% of statistical area 2 (sa2) areas.
- 2011: $1,954
- 2016: $2,000
- 2021: $2,167
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Pascoe Vale South, $350–$549 is the majority at 65%; $200–$349 is next at 16%.
Monthly mortgage distribution
View on map →Pascoe Vale South splits fairly evenly between $1,800–$2,999 (32%) and $3,000 or more (31%), with $1,000–$1,799 at 22%.
Owning & renting
How homes are owned or rented.
Ownership is common here, with 36.9% of homes owned outright, a figure well above the Australian average of 31.0%. Meanwhile, the 23.8% of households that rent is well below both the state and national figures.
23.8% ▲ +22.9%
Lower than 59% of statistical area 2 (sa2) areas.
- 2011: 19.4%
- 2016: 20.9%
- 2021: 23.8%
Share of occupied private dwellings that are rented.
36.9% ▼ -12.9%
Higher than 65% of statistical area 2 (sa2) areas.
- 2011: 42.4%
- 2016: 39.0%
- 2021: 36.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Pascoe Vale South splits fairly evenly between Owned with a mortgage (37%) and Owned outright (37%), with Rented at 24%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 80.3% of the market, which is well above the Victorian average of 73.4%. While most homes are large, with 72.0% having three or more bedrooms, the number of people per bedroom is a little above the national figure at 0.90.
0.90 ▼ -18.2%
Higher than 86% of statistical area 2 (sa2) areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
80.3% ▼ -8.8%
Lower than 59% of statistical area 2 (sa2) areas.
- 2011: 88.0%
- 2016: 84.7%
- 2021: 80.3%
Share of occupied private dwellings that are separate houses.
72.0% ▲ +4.2%
Lower than 70% of statistical area 2 (sa2) areas.
- 2011: 69.1%
- 2016: 71.7%
- 2021: 72.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Pascoe Vale South, Separate house is the majority at 80%; Townhouse / semi-detached is next at 11%.
Bedrooms per home
View on map →In Pascoe Vale South, the largest group is 3 bedrooms at 48%, followed by 2 bedrooms (25%) and 4 bedrooms (21%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Pascoe Vale South
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Pascoe Vale South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206011109/pascoe-vale-south/topic/housing-dwellings