$510 ▲ +37.8%
Higher than 89% of statistical area 2 (sa2) areas.
- 2011: $370
- 2016: $452
- 2021: $510
Median weekly rent paid by households renting their home.
Aspendale Gardens - Waterways · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Far more large family homes are found in Aspendale Gardens - Waterways than in most similar areas. The neighbourhood is dominated by separate houses, with over 90% of homes having three or more bedrooms. This focus on larger properties is mirrored in the high costs for both owners and renters.
All statistical area 2 (sa2) areas, 2021. The marker is Aspendale Gardens - Waterways — higher than 89% of areas.
Rents, mortgages and crowding.
Typical weekly rents here are $510, which is well above the Victorian figure of $370. For those with mortgages, the typical monthly payment is $2,115, a little above the state and national figures.
$510 ▲ +37.8%
Higher than 89% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,115 ▲ +5.8%
Higher than 70% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Aspendale Gardens - Waterways, the largest group is $350–$549 at 49%, followed by $550–$749 (33%) and $200–$349 (9%).
In Aspendale Gardens - Waterways, the largest group is $1,800–$2,999 at 35%, followed by $3,000 or more (25%) and $1,000–$1,799 (23%).
How homes are owned or rented.
Renting is uncommon here, with only 10.7% of households renting, a figure far below the national average. Conversely, 37.0% of homes are owned outright, which is well above the Australian figure of 31.0%.
10.7% ▲ +33.6%
Lower than 95% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
37.0% ▲ +18.3%
Higher than 65% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Aspendale Gardens - Waterways, the largest group is Owned with a mortgage at 48%, followed by Owned outright (37%) and Rented (11%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 85.3% of the market, and 90.5% of all homes have three or more bedrooms, which is far above the Victorian average. While the number of detached houses fell slightly since 2011, the area remains heavily focused on larger family dwellings.
0.80 ▼ -20.0%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
85.3% ▼ -6.6%
Higher than 52% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
90.5% ▼ -0.3%
Higher than 83% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Aspendale Gardens - Waterways, Separate house is the majority at 85%; Flat or apartment is next at 10%.
In Aspendale Gardens - Waterways, the largest group is 4 bedrooms at 47%, followed by 3 bedrooms (33%) and 5 or more (10%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Aspendale Gardens - Waterways [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/208031183/aspendale-gardens-waterways/topic/housing-dwellings