$356 ▲ +37.5%
Lower than 55% of statistical area 2 (sa2) areas.
- 2011: $259
- 2016: $310
- 2021: $356
Median weekly rent paid by households renting their home.
Springvale · Statistical Area 2 (SA2)
Housing & Dwellings in Springvale
Where and how people live — the homes, how they are held, and what they cost.
Nearly 40% of households in Springvale rent their homes, which is far above the state and national figures. This creates a rental-heavy housing market where a typical weekly rent of $356 is about the same as the Victorian average. While rental numbers have climbed, a significant portion of the population still owns their homes outright.
$356
▲ +37.5%
- $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 Springvale — lower than 55% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents have risen by $97 since 2011 to reach $356, a figure about the same as the state and national averages. Monthly mortgage payments have also increased by $245 over the decade, now sitting at $1,745.
$1,745 ▲ +16.3%
Lower than 56% of statistical area 2 (sa2) areas.
- 2011: $1,500
- 2016: $1,500
- 2021: $1,745
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Springvale, $350–$549 is the majority at 50%; $200–$349 is next at 35%.
Monthly mortgage distribution
View on map →In Springvale, the largest group is $1,800–$2,999 at 35%, followed by $1,000–$1,799 (28%) and Under $1,000 (23%).
Owning & renting
How homes are owned or rented.
Renting is much more common here than in most areas, with 39.4% of households renting, up 4.5 points since 2011. This stands in contrast to homes owned outright, which fell slightly to 31.7% over the same period.
39.4% ▲ +12.9%
Higher than 78% of statistical area 2 (sa2) areas.
- 2011: 34.9%
- 2016: 37.2%
- 2021: 39.4%
Share of occupied private dwellings that are rented.
31.7% ▼ -8.6%
Lower than 52% of statistical area 2 (sa2) areas.
- 2011: 34.6%
- 2016: 33.5%
- 2021: 31.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Springvale, the largest group is Rented at 39%, followed by Owned outright (32%) and Owned with a mortgage (23%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses make up 69.3% of homes, which is well below the state and national figures. However, the area has some of the highest densities of people per bedroom at 1.00, well above the national figure of 0.80.
1.00 ▼ -23.1%
Higher than 90% of statistical area 2 (sa2) areas.
- 2011: 1.30
- 2016: 1.10
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
69.3% ▼ -2.8%
Lower than 73% of statistical area 2 (sa2) areas.
- 2011: 71.3%
- 2016: 70.2%
- 2021: 69.3%
Share of occupied private dwellings that are separate houses.
71.1% ▲ +1.7%
Lower than 72% of statistical area 2 (sa2) areas.
- 2011: 69.9%
- 2016: 69.8%
- 2021: 71.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Springvale, Separate house is the majority at 69%; Townhouse / semi-detached is next at 20%.
Bedrooms per home
View on map →In Springvale, the largest group is 3 bedrooms at 49%, followed by 2 bedrooms (19%) and 4 bedrooms (17%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Springvale
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Springvale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212041317/springvale/topic/housing-dwellings