$400 ▲ +33.3%
Higher than 62% of statistical area 2 (sa2) areas.
- 2011: $300
- 2016: $350
- 2021: $400
Median weekly rent paid by households renting their home.
Greensborough · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents in Greensborough have jumped by $100 since 2011, reflecting a trend toward higher housing costs across the area. Most residents live in large, detached houses, and a high number of people own their homes outright compared to other parts of the country. This creates a residential landscape where home ownership is strong, but the cost of borrowing and renting is climbing.
All statistical area 2 (sa2) areas, 2021. The marker is Greensborough — higher than 62% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,167, which is much higher than most areas and rose by $391 since 2011. Rents are also higher than most areas, with the typical weekly cost of $400 sitting a little above the Victorian figure.
$400 ▲ +33.3%
Higher than 62% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,167 ▲ +22.0%
Higher than 73% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Greensborough, $350–$549 is the majority at 60%; $200–$349 is next at 17%.
In Greensborough, the largest group is $1,800–$2,999 at 40%, followed by $1,000–$1,799 (23%) and $3,000 or more (23%).
How homes are owned or rented.
Home ownership is strong here, as 38.8% of homes are owned outright, a figure well above the national average. Meanwhile, only 18.1% of households rent, which is far below the rates seen across Victoria and Australia.
18.1% ▲ +5.5%
Lower than 77% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
38.8% ▼ -1.0%
Higher than 71% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Greensborough splits fairly evenly between Owned with a mortgage (41%) and Owned outright (39%), with Rented at 18%.
Houses, townhouses, apartments and bedrooms.
Large homes dominate the area, with 83.7% of dwellings having three or more bedrooms, well above the state and national figures. While separate houses remain common at 83.7%, this proportion fell by 6.9 points since 2011.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
83.7% ▼ -7.6%
Lower than 52% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
83.7% ▲ +1.0%
Higher than 64% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Greensborough, Separate house is the majority at 84%; Townhouse / semi-detached is next at 14%.
In Greensborough, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (30%) and 2 bedrooms (13%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Greensborough [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/209011197/greensborough/topic/housing-dwellings