$358 —
Lower than 54% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
Reservoir - North East · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
More than a third of households in Reservoir - North East are rented, which is far above the state and national figures. This high rental rate is a defining feature of the local housing market, where a large number of residents do not own their homes outright.
All statistical area 2 (sa2) areas, 2021. The marker is Reservoir - North East — lower than 54% of areas.
Rents, mortgages and crowding.
Typical weekly rent is $358, which is about the same as the figures for Victoria and Australia. Similarly, the typical monthly mortgage payment of $1,863 sits right around the national average.
$358 —
Lower than 54% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,863 —
Higher than 51% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Reservoir - North East, $350–$549 is the majority at 54%; $200–$349 is next at 29%.
In Reservoir - North East, the largest group is $1,800–$2,999 at 41%, followed by $1,000–$1,799 (31%) and Under $1,000 (15%).
How homes are owned or rented.
Renting is very common here, with 38.8% of households renting, compared to 28.5% in Victoria. Meanwhile, those who own their home outright make up 26.5% of the area, a figure well below the national average.
38.8% —
Higher than 77% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
26.5% —
Lower than 68% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Reservoir - North East, the largest group is Rented at 39%, followed by Owned with a mortgage (32%) and Owned outright (26%).
Houses, townhouses, apartments and bedrooms.
Separate houses are much less common here than in most other areas, making up only 55.3% of homes. Because there are far fewer large homes with three or more bedrooms, there are more people per bedroom than the national figure.
0.90 —
Higher than 86% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
55.3% —
Lower than 83% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
56.5% —
Lower than 86% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Reservoir - North East, Separate house is the majority at 55%; Townhouse / semi-detached is next at 37%.
In Reservoir - North East, the largest group is 3 bedrooms at 45%, followed by 2 bedrooms (36%) and 4 bedrooms (10%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Reservoir - North East [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/209021523/reservoir-north-east/topic/housing-dwellings