$401 ▲ +21.9%
Higher than 62% of statistical area 2 (sa2) areas.
- 2011: $329
- 2016: $375
- 2021: $401
Median weekly rent paid by households renting their home.
Flemington Racecourse · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
A huge shift in housing has occurred in Flemington Racecourse since 2011, with the share of renters falling by 35 percentage points. The area is now dominated by apartments, which make up 85.3% of all homes. This has created a unique landscape where no one owns their home outright.
All statistical area 2 (sa2) areas, 2021. The marker is Flemington Racecourse — higher than 62% of areas.
Rents, mortgages and crowding.
Typical weekly rent is $401, which is higher than most areas and a little above the Victorian figure. Meanwhile, the typical monthly home-loan payment has fallen since 2011 to $1,772, which is about the same as the national figure.
$401 ▲ +21.9%
Higher than 62% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,772 ▼ -44.4%
Lower than 55% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Flemington Racecourse, $350–$549 is the majority at 100%.
Flemington Racecourse splits fairly evenly between $1,000–$1,799 (50%) and $1,800–$2,999 (50%).
How homes are owned or rented.
Home ownership is unusual here, as 0.0% of homes are owned outright, a figure far below the Australian average. Most residents have a mortgage (44.1%), while those renting make up 23.5% of households, which is well below the state and national figures.
23.5% ▼ -59.5%
Lower than 60% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
0.0% → —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Flemington Racecourse, Owned with a mortgage is the majority at 65%; Rented is next at 35%.
Houses, townhouses, apartments and bedrooms.
Apartments are the only home type here, with 0.0% of the area consisting of separate houses. This explains why the share of homes with three or more bedrooms is far below the Victorian average, and the typical number of people per bedroom is lower than most areas.
0.70 ▼ -30.0%
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
0.0% → —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
35.3% ▼ -27.1%
Lower than 95% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Flemington Racecourse, Flat or apartment is the majority at 100%.
In Flemington Racecourse, 2 bedrooms is the majority at 57%; 3 bedrooms is next at 43%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Flemington Racecourse [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206041120/flemington-racecourse/topic/housing-dwellings