Surrey Hills (East) - Mont Albert · Statistical Area 2 (SA2)

Housing & Dwellings in Surrey Hills (East) - Mont Albert

Where and how people live — the homes, how they are held, and what they cost.

Typical monthly mortgage payments of $2,600 are among the highest for areas like this in Surrey Hills (East) - Mont Albert. This is a high-cost housing market where home ownership is common, though a significant number of residents face very high monthly repayments.

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📍 Surrey Hills (East) - Mont Albert, Statistical Area 2 (SA2)

Where Surrey Hills (East) - Mont Albert sits — Median rent (weekly)

$462 ▲ +31.6%
  • $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 Surrey Hills (East) - Mont Albert — higher than 83% of areas.

Median rent (weekly) compared with the state and national average
Surrey Hills (East) - Mont Albert$462
3127, VIC $461
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Monthly mortgage payments are well above the Victorian figure of $1,859, rising by $433 since 2011. Rent is also high, with a typical weekly cost of $462, which is a little above the national figure.

$462 ▲ +31.6%

Higher than 83% of statistical area 2 (sa2) areas.

  • 2011: $351
  • 2016: $411
  • 2021: $462

Median weekly rent paid by households renting their home.

$2,600 ▲ +20.0%

Higher than 89% of statistical area 2 (sa2) areas.

  • 2011: $2,167
  • 2016: $2,300
  • 2021: $2,600

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Surrey Hills (East) - Mont Albert, $350–$549 is the majority at 55%; $550–$749 is next at 21%.

Monthly mortgage distribution

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In Surrey Hills (East) - Mont Albert, the largest group is $3,000 or more at 46%, followed by $1,800–$2,999 (24%) and Under $1,000 (16%).

Owning & renting

How homes are owned or rented.

About 40.1% of homes are owned outright, which is well above the national average of 31.0%. Meanwhile, 25.3% of households rent, a figure that is well below both the state and national levels.

25.3% ▲ +7.8%

Lower than 55% of statistical area 2 (sa2) areas.

  • 2011: 23.5%
  • 2016: 25.2%
  • 2021: 25.3%

Share of occupied private dwellings that are rented.

40.1% ▲ +0.3%

Higher than 75% of statistical area 2 (sa2) areas.

  • 2011: 40.0%
  • 2016: 39.6%
  • 2021: 40.1%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Surrey Hills (East) - Mont Albert, the largest group is Owned outright at 40%, followed by Owned with a mortgage (32%) and Rented (25%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 60.9% of homes, which is far below the national figure of 72.3%. The area also has fewer large homes than most, with homes of three or more bedrooms sitting well below the state average.

0.80 ▼ -27.3%

Lower than 71% of statistical area 2 (sa2) areas.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

60.9% ▼ -1.6%

Lower than 79% of statistical area 2 (sa2) areas.

  • 2011: 61.8%
  • 2016: 61.2%
  • 2021: 60.9%

Share of occupied private dwellings that are separate houses.

67.6% ▲ +2.9%

Lower than 75% of statistical area 2 (sa2) areas.

  • 2011: 65.7%
  • 2016: 66.4%
  • 2021: 67.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Surrey Hills (East) - Mont Albert, Separate house is the majority at 61%; Townhouse / semi-detached is next at 27%.

Bedrooms per home

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Surrey Hills (East) - Mont Albert splits fairly evenly between 3 bedrooms (32%) and 2 bedrooms (30%), with 4 bedrooms at 27%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Surrey Hills (East) - Mont Albert

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Surrey Hills (East) - Mont Albert [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/207031167/surrey-hills-mont-albert/topic/housing-dwellings