$421 —
Higher than 72% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
South Melbourne · Statistical Area 2 (SA2)
Housing & Dwellings in South Melbourne
Where and how people live — the homes, how they are held, and what they cost.
More people are renting in South Melbourne than in almost any other similar area, with 54.3% of households paying rent. This high rental rate is paired with a lack of traditional houses, as 60% of the homes here are flats or apartments. It is a dense, high-cost area where housing pressures are evident in both rent and mortgage payments.
$421
—
- $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 Melbourne — higher than 72% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments of $2,217 are much higher than most areas. Rent is also higher than usual, with the typical weekly cost of $421 sitting a little above the figures for Victoria and Australia.
$2,217 —
Higher than 76% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In South Melbourne, the largest group is $350–$549 at 40%, followed by $550–$749 (18%) and $200–$349 (16%).
Monthly mortgage distribution
View on map →In South Melbourne, the largest group is $3,000 or more at 37%, followed by $1,800–$2,999 (29%) and $1,000–$1,799 (22%).
Owning & renting
How homes are owned or rented.
Renting is far more common here than in the rest of the state, while the 20.2% of homes owned outright is far below the national figure.
54.3% —
Higher than 92% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
20.2% —
Lower than 83% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In South Melbourne, Rented is the majority at 54%; Owned with a mortgage is next at 23%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are very rare at 4.6%, which is far below the state and national averages. With only 30.5% of homes having three or more bedrooms, the area is much more crowded than most, with 0.90 people per bedroom.
0.90 —
Higher than 86% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
4.6% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
30.5% —
Lower than 97% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In South Melbourne, Flat or apartment is the majority at 60%; Townhouse / semi-detached is next at 35%.
Bedrooms per home
View on map →In South Melbourne, the largest group is 2 bedrooms at 45%, followed by 3 bedrooms (25%) and 1 bedroom (23%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for South Melbourne
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in South Melbourne [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206051512/south-melbourne/topic/housing-dwellings