$426 —
Higher than 73% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
South Yarra - North · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
A vast majority of homes are rented in South Yarra - North, with 66.3% of households renting. This is far above the national figure, creating a housing market where few people own their homes outright compared to most other areas.
All statistical area 2 (sa2) areas, 2021. The marker is South Yarra - North — higher than 73% of areas.
Rents, mortgages and crowding.
Housing costs are higher than most areas here. The typical weekly rent is $426, which is a little above the figures for Victoria and Australia, while the typical monthly home-loan payment is $2,000.
$426 —
Higher than 73% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,000 —
Higher than 61% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In South Yarra - North, $350–$549 is the majority at 55%; $200–$349 is next at 20%.
In South Yarra - North, the largest group is $1,800–$2,999 at 35%, followed by $1,000–$1,799 (30%) and $3,000 or more (24%).
How homes are owned or rented.
Renters make up 66.3% of the area, a figure far above the 30.6% national average. In contrast, the 14.6% of homes owned outright is far below the 31% seen across Australia.
66.3% —
Higher than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
14.6% —
Lower than 91% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In South Yarra - North, Rented is the majority at 66%; Owned with a mortgage is next at 17%.
Houses, townhouses, apartments and bedrooms.
Apartments dominate the landscape, making up 94.3% of all homes. Because separate houses are so rare (only 2.7%) and three-plus bedroom homes are among the lowest in the region, there are more people per bedroom here than in most other areas.
1.00 —
Higher than 90% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
2.7% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
10.8% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In South Yarra - North, Flat or apartment is the majority at 94%; Townhouse / semi-detached is next at 3%.
In South Yarra - North, 2 bedrooms is the majority at 52%; 1 bedroom is next at 35%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in South Yarra - North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206061515/south-yarra-north/topic/housing-dwellings