$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.
Surrey Hills (East) - Mont Albert · Statistical Area 2 (SA2)
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.
All statistical area 2 (sa2) areas, 2021. The marker is Surrey Hills (East) - Mont Albert — higher than 83% of areas.
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.
Median weekly rent paid by households renting their home.
$2,600 ▲ +20.0%
Higher than 89% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Surrey Hills (East) - Mont Albert, $350–$549 is the majority at 55%; $550–$749 is next at 21%.
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%).
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.
Share of occupied private dwellings that are rented.
40.1% ▲ +0.3%
Higher than 75% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Surrey Hills (East) - Mont Albert, the largest group is Owned outright at 40%, followed by Owned with a mortgage (32%) and Rented (25%).
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.
Average number of usual residents per bedroom — a crowding measure.
60.9% ▼ -1.6%
Lower than 79% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
67.6% ▲ +2.9%
Lower than 75% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Surrey Hills (East) - Mont Albert, Separate house is the majority at 61%; Townhouse / semi-detached is next at 27%.
Surrey Hills (East) - Mont Albert splits fairly evenly between 3 bedrooms (32%) and 2 bedrooms (30%), with 4 bedrooms at 27%.
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