South Yarra - West · Statistical Area 2 (SA2)

Housing & Dwellings in South Yarra - West

Where and how people live — the homes, how they are held, and what they cost.

Over half of all households in South Yarra - West are renting, which is far above the national figure. This high proportion of renters and the prevalence of apartments make the area distinct from the typical Victorian suburb. Most people live in smaller homes, though costs for both renting and mortgages remain higher than in most other areas.

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📍 South Yarra - West, Statistical Area 2 (SA2)

Where South Yarra - West sits — Median rent (weekly)

$457 ▲ +19.9%
  • $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 South Yarra - West — higher than 81% of areas.

Median rent (weekly) compared with the state and national average
South Yarra - West$457
3141, VIC $415
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $457, which is much higher than most areas and a little above the national figure of $375. Mortgage costs are also high, with the usual monthly payment of $2,100 sitting slightly above the state and national figures.

$457 ▲ +19.9%

Higher than 81% of statistical area 2 (sa2) areas.

  • 2011: $381
  • 2016: $420
  • 2021: $457

Median weekly rent paid by households renting their home.

$2,100 ▼ -8.7%

Higher than 69% of statistical area 2 (sa2) areas.

  • 2011: $2,300
  • 2016: $2,000
  • 2021: $2,100

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In South Yarra - West, the largest group is $350–$549 at 47%, followed by $200–$349 (20%) and $550–$749 (19%).

Monthly mortgage distribution

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South Yarra - West splits fairly evenly between $3,000 or more (33%) and $1,800–$2,999 (30%), with $1,000–$1,799 at 23%.

Owning & renting

How homes are owned or rented.

Renting is very common here, with 52.9% of households renting, a figure far above the Victorian average. Meanwhile, homes owned outright make up 27.4% of the total, which is well below the national and state levels.

52.9% ▼ -2.1%

Higher than 91% of statistical area 2 (sa2) areas.

  • 2011: 54.1%
  • 2016: 54.0%
  • 2021: 52.9%

Share of occupied private dwellings that are rented.

27.4% ▲ +3.3%

Lower than 66% of statistical area 2 (sa2) areas.

  • 2011: 26.5%
  • 2016: 26.4%
  • 2021: 27.4%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In South Yarra - West, Rented is the majority at 53%; Owned outright is next at 27%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Apartments dominate the landscape, making up 84.4% of homes, while separate houses are among the lowest at just 5.7%. This explains why three-bedroom homes are far below the national figure, with nearly half of all dwellings having only two bedrooms.

0.90 ▼ -25.0%

Higher than 86% of statistical area 2 (sa2) areas.

  • 2011: 1.20
  • 2016: 1.00
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

5.7% ▼ -19.2%

Lower than 99% of statistical area 2 (sa2) areas.

  • 2011: 7.0%
  • 2016: 6.5%
  • 2021: 5.7%

Share of occupied private dwellings that are separate houses.

23.6% ▲ +1.1%

Lower than 99% of statistical area 2 (sa2) areas.

  • 2011: 23.3%
  • 2016: 23.3%
  • 2021: 23.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In South Yarra - West, Flat or apartment is the majority at 85%; Townhouse / semi-detached is next at 10%.

Bedrooms per home

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In South Yarra - West, the largest group is 2 bedrooms at 50%, followed by 1 bedroom (25%) and 3 bedrooms (19%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for South Yarra - West

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in South Yarra - West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206041125/south-yarra-west/topic/housing-dwellings