$430 ▲ +21.1%
Higher than 74% of statistical area 2 (sa2) areas.
- 2011: $355
- 2016: $400
- 2021: $430
Median weekly rent paid by households renting their home.
Red Hill · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Monthly home loan payments of $2,700 are among the highest for areas like Red Hill, making it a very expensive place to secure a home. This high cost of ownership is paired with a large rental market and smaller homes than usual for the region.
All statistical area 2 (sa2) areas, 2021. The marker is Red Hill — higher than 74% of areas.
| Red Hill | $430 |
|---|---|
| 4059, QLD | $400 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are well above the national figure, and weekly rents of $430 are also a little above the state and national averages. Since 2011, the usual monthly mortgage has risen by $200 and weekly rent has increased by $75.
$430 ▲ +21.1%
Higher than 74% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,700 ▲ +8.0%
Higher than 90% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Red Hill, the largest group is $350–$549 at 35%, followed by $200–$349 (27%) and $550–$749 (22%).
In Red Hill, the largest group is $3,000 or more at 44%, followed by $1,800–$2,999 (32%) and $1,000–$1,799 (14%).
How homes are owned or rented.
Renting is far more common here than in the rest of the country, with 45.9% of households renting. Conversely, the proportion of homes owned outright is far below the national figure at just 19.6%.
45.9% ▼ -3.3%
Higher than 87% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
19.6% ▲ +4.3%
Lower than 84% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Red Hill, the largest group is Rented at 46%, followed by Owned with a mortgage (32%) and Owned outright (20%).
Houses, townhouses, apartments and bedrooms.
Separate houses are less common here than in most areas, and the share of homes with three or more bedrooms is far below the state and national figures. Flats or apartments make up 28% of the local housing stock.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
64.3% ▼ -8.4%
Lower than 77% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
61.6% ▲ +3.6%
Lower than 82% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Red Hill, Separate house is the majority at 64%; Flat or apartment is next at 28%.
In Red Hill, the largest group is 3 bedrooms at 32%, followed by 2 bedrooms (27%) and 4 bedrooms (21%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Red Hill [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/305041136/red-hill/topic/housing-dwellings