$485 ▲ +34.3%
Higher than 87% of statistical area 2 (sa2) areas.
- 2011: $361
- 2016: $421
- 2021: $485
Median weekly rent paid by households renting their home.
Mount Waverley - North · Statistical Area 2 (SA2)
Housing & Dwellings in Mount Waverley - North
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,600 are among the highest for similar areas in Mount Waverley - North. This is an expensive place to live, where both home loans and rents sit well above the state and national figures. Large family homes are common, and a high proportion of residents own their homes outright.
$485
▲ +34.3%
- $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 Mount Waverley - North — higher than 87% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents of $485 are much higher than most areas, and the usual monthly mortgage payment of $2,600 is well above the Victorian figure. Both costs have risen since 2011, with mortgages increasing by $600 per month.
$2,600 ▲ +30.0%
Higher than 89% of statistical area 2 (sa2) areas.
- 2011: $2,000
- 2016: $2,000
- 2021: $2,600
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Mount Waverley - North, $350–$549 is the majority at 55%; $550–$749 is next at 27%.
Monthly mortgage distribution
View on map →In Mount Waverley - North, the largest group is $3,000 or more at 46%, followed by $1,800–$2,999 (25%) and Under $1,000 (15%).
Owning & renting
How homes are owned or rented.
Ownership is strong here, as 42% of homes are owned outright, which is far above the national figure. However, this has fallen by 7 percentage points since 2011, while the share of households renting rose to 24.3%.
24.3% ▲ +21.8%
Lower than 58% of statistical area 2 (sa2) areas.
- 2011: 19.9%
- 2016: 22.6%
- 2021: 24.3%
Share of occupied private dwellings that are rented.
42.0% ▼ -14.2%
Higher than 80% of statistical area 2 (sa2) areas.
- 2011: 49.0%
- 2016: 45.8%
- 2021: 42.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Mount Waverley - North, the largest group is Owned outright at 42%, followed by Owned with a mortgage (31%) and Rented (24%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes dominate the area, with 87.2% of dwellings having three or more bedrooms, far above the Victorian average. While 71.8% of homes are separate houses, this is a little below the state figure and has fallen since 2011.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
71.8% ▼ -10.8%
Lower than 71% of statistical area 2 (sa2) areas.
- 2011: 80.6%
- 2016: 73.8%
- 2021: 71.8%
Share of occupied private dwellings that are separate houses.
87.2% ▲ +2.4%
Higher than 74% of statistical area 2 (sa2) areas.
- 2011: 85.2%
- 2016: 85.9%
- 2021: 87.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Mount Waverley - North, Separate house is the majority at 72%; Flat or apartment is next at 21%.
Bedrooms per home
View on map →In Mount Waverley - North, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (36%) and 5 or more (11%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Mount Waverley - North
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mount Waverley - North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212051323/mount-waverley-north/topic/housing-dwellings