$450 ▲ +40.2%
Higher than 80% of statistical area 2 (sa2) areas.
- 2011: $321
- 2016: $365
- 2021: $450
Median weekly rent paid by households renting their home.
Highett (West) - Cheltenham · Statistical Area 2 (SA2)
Housing & Dwellings in Highett (West) - Cheltenham
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments are $2,500 in Highett (West) - Cheltenham, which is well above the Victorian figure. This is an area where housing costs are much higher than most similar places. Residents face both steep mortgage repayments and higher-than-average rents.
$450
▲ +40.2%
- $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 Highett (West) - Cheltenham — higher than 80% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly home loans are $2,500, while weekly rents are $450; both figures are much higher than in most other areas. These costs have climbed steadily, with the usual rent rising $129 since 2011.
$2,500 ▲ +13.6%
Higher than 87% of statistical area 2 (sa2) areas.
- 2011: $2,200
- 2016: $2,167
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Highett (West) - Cheltenham, the largest group is $350–$549 at 47%, followed by $550–$749 (18%) and $200–$349 (14%).
Monthly mortgage distribution
View on map →In Highett (West) - Cheltenham, the largest group is $3,000 or more at 40%, followed by $1,800–$2,999 (31%) and $1,000–$1,799 (18%).
Owning & renting
How homes are owned or rented.
Most households own their home, with 41.3% having a mortgage and 29.9% owning outright. The proportion of people owning their home outright has fallen by 4.3 percentage points since 2011, while renters now make up 26.8% of the area.
26.8% ▲ +10.4%
Higher than 50% of statistical area 2 (sa2) areas.
- 2011: 24.3%
- 2016: 26.5%
- 2021: 26.8%
Share of occupied private dwellings that are rented.
29.9% ▼ -12.7%
Lower than 58% of statistical area 2 (sa2) areas.
- 2011: 34.2%
- 2016: 31.6%
- 2021: 29.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Highett (West) - Cheltenham, the largest group is Owned with a mortgage at 41%, followed by Owned outright (30%) and Rented (27%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are far less common here than across Victoria, making up 61.7% of homes. This is reflected in the mix of housing, as the area has far fewer homes with three or more bedrooms compared to the national figure.
0.90 ▼ -18.2%
Higher than 86% of statistical area 2 (sa2) areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
61.7% ▼ -13.8%
Lower than 79% of statistical area 2 (sa2) areas.
- 2011: 71.6%
- 2016: 62.1%
- 2021: 61.7%
Share of occupied private dwellings that are separate houses.
68.0% ▲ +2.9%
Lower than 75% of statistical area 2 (sa2) areas.
- 2011: 66.1%
- 2016: 65.9%
- 2021: 68.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Highett (West) - Cheltenham, Separate house is the majority at 62%; Townhouse / semi-detached is next at 25%.
Bedrooms per home
View on map →In Highett (West) - Cheltenham, the largest group is 3 bedrooms at 41%, followed by 2 bedrooms (28%) and 4 bedrooms (24%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Highett (West) - Cheltenham
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Highett (West) - Cheltenham [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/208011171/highett-cheltenham/topic/housing-dwellings