$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.
South Yarra - West · Statistical Area 2 (SA2)
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.
All statistical area 2 (sa2) areas, 2021. The marker is South Yarra - West — higher than 81% of areas.
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.
Median weekly rent paid by households renting their home.
$2,100 ▼ -8.7%
Higher than 69% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In South Yarra - West, the largest group is $350–$549 at 47%, followed by $200–$349 (20%) and $550–$749 (19%).
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%.
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.
Share of occupied private dwellings that are rented.
27.4% ▲ +3.3%
Lower than 66% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In South Yarra - West, Rented is the majority at 53%; Owned outright is next at 27%.
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.
Average number of usual residents per bedroom — a crowding measure.
5.7% ▼ -19.2%
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
23.6% ▲ +1.1%
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In South Yarra - West, Flat or apartment is the majority at 85%; Townhouse / semi-detached is next at 10%.
In South Yarra - West, the largest group is 2 bedrooms at 50%, followed by 1 bedroom (25%) and 3 bedrooms (19%).
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