$395 —
Higher than 60% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
South Yarra - South · Statistical Area 2 (SA2)
Housing & Dwellings in South Yarra - South
Where and how people live — the homes, how they are held, and what they cost.
Nearly 60% of households rent in South Yarra - South, a figure far above the national and state averages. This creates a high-density housing landscape where apartments dominate and the typical monthly mortgage payment of $2,200 is much higher than in most other areas.
$395
—
- $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 - South — higher than 60% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $395, which is higher than most areas. Home loans are also expensive here, with the usual monthly payment sitting a little above the national figure of $1,863.
$2,200 —
Higher than 75% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In South Yarra - South, the largest group is $350–$549 at 35%, followed by $200–$349 (25%) and $550–$749 (15%).
Monthly mortgage distribution
View on map →In South Yarra - South, the largest group is $3,000 or more at 38%, followed by $1,800–$2,999 (25%) and $1,000–$1,799 (25%).
Owning & renting
How homes are owned or rented.
Renting is very common, accounting for 59.4% of homes, which is far above the Victorian average of 28.5%. Conversely, the share of homes owned outright is far below the national figure.
59.4% —
Higher than 95% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
18.5% —
Lower than 86% 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 Yarra - South, Rented is the majority at 59%; Owned with a mortgage is next at 20%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Apartments make up 63% of the area, which helps explain why separate houses are far less common than across the state. Because many homes are small, there are a little more people per bedroom here than in the rest of Australia.
0.90 —
Higher than 86% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
12.5% —
Lower than 98% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
30.9% —
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 Yarra - South, Flat or apartment is the majority at 63%; Townhouse / semi-detached is next at 24%.
Bedrooms per home
View on map →In South Yarra - South, the largest group is 2 bedrooms at 40%, followed by 1 bedroom (27%) and 3 bedrooms (26%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for South Yarra - South
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in South Yarra - South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206061516/south-yarra-south/topic/housing-dwellings