$371 —
Higher than 50% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
Reservoir - North West · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Nearly half of all homes in Reservoir - North West are owned outright, a figure far above the national average. This area is dominated by large, detached houses, though typical mortgage payments are higher than in most similar areas.
All statistical area 2 (sa2) areas, 2021. The marker is Reservoir - North West — higher than 50% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,000, which is higher than most areas. Weekly rents are around the middle for its level, with the typical amount sitting at $371.
$371 —
Higher than 50% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,000 —
Higher than 61% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Reservoir - North West, $350–$549 is the majority at 59%; $200–$349 is next at 30%.
In Reservoir - North West, the largest group is $1,800–$2,999 at 37%, followed by $1,000–$1,799 (27%) and $3,000 or more (21%).
How homes are owned or rented.
Home ownership is very strong here, with 49.1% of homes owned outright, far above the Victorian figure of 32.2%. Meanwhile, only 20.1% of households rent, which is well below the state and national figures.
20.1% —
Lower than 71% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
49.1% —
Higher than 94% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Reservoir - North West, the largest group is Owned outright at 49%, followed by Owned with a mortgage (27%) and Rented (20%).
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, as 86.5% of dwellings have three or more bedrooms—far above the national figure. Most people live in separate houses, which make up 87.5% of all homes.
0.80 —
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
87.5% —
Higher than 57% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
86.5% —
Higher than 72% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Reservoir - North West, Separate house is the majority at 88%; Townhouse / semi-detached is next at 12%.
In Reservoir - North West, 3 bedrooms is the majority at 58%; 4 bedrooms is next at 24%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Reservoir - North West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/209021524/reservoir-north-west/topic/housing-dwellings