$585 —
Higher than 97% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
Port Melbourne Industrial · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents of $585 are among the highest for similar areas in Port Melbourne Industrial. This is a place where housing is significantly more expensive than the national average. Most people rent their homes, and the typical monthly mortgage payment is also much higher than in most other areas.
All statistical area 2 (sa2) areas, 2021. The marker is Port Melbourne Industrial — higher than 97% of areas.
Rents, mortgages and crowding.
Typical weekly rents are well above the Victorian and national figures by over $200. For those with a mortgage, the typical monthly payment is $2,279, which is a little above the state and national averages.
$585 —
Higher than 97% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,279 —
Higher than 79% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Port Melbourne Industrial splits fairly evenly between $350–$549 (36%) and $550–$749 (33%), with $750 or more at 23%.
In Port Melbourne Industrial, the largest group is $1,800–$2,999 at 38%, followed by $3,000 or more (32%) and $1,000–$1,799 (23%).
How homes are owned or rented.
Renting is far more common here than across Australia, with 59.7% of households renting. This is far above the national figure of 30.6%, while homes owned outright are far below the state and national averages at just 7.9%.
59.7% —
Higher than 95% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
7.9% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Port Melbourne Industrial, Rented is the majority at 60%; Owned with a mortgage is next at 30%.
Houses, townhouses, apartments and bedrooms.
There are no separate houses in the area, with most people living in flats, apartments or townhouses. This lack of detached housing helps explain why three-bedroom homes are far below the national average, though there are slightly more people per bedroom than usual.
0.90 —
Higher than 86% 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.
44.6% —
Lower than 91% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Port Melbourne Industrial, Flat or apartment is the majority at 55%; Townhouse / semi-detached is next at 43%.
Port Melbourne Industrial splits fairly evenly between 3 bedrooms (41%) and 2 bedrooms (37%), with 1 bedroom at 17%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Port Melbourne Industrial [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206051511/port-melbourne-industrial/topic/housing-dwellings