$260 ▲ +13.0%
Lower than 83% of statistical area 2 (sa2) areas.
- 2011: $230
- 2016: $250
- 2021: $260
Median weekly rent paid by households renting their home.
Park Avenue · Statistical Area 2 (SA2)
Housing & Dwellings in Park Avenue
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define Park Avenue, where the typical monthly mortgage is just $1,300. This affordability is a standout feature of the local market compared to both the state and national figures. Most residents live in detached houses, making it a predominantly residential suburb with a mix of owners and renters.
$260
▲ +13.0%
- $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 Park Avenue — lower than 83% of areas.
| Park Avenue | $260 |
|---|---|
| 4701, QLD | $270 |
| Queensland | $365 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are well below the national figure at $260, and the usual monthly home loan payment of $1,300 is also much lower than most areas. While rent has risen by $30 since 2011, the typical mortgage payment has actually fallen by $228 over the same period.
$1,300 ▼ -14.9%
Lower than 86% of statistical area 2 (sa2) areas.
- 2011: $1,528
- 2016: $1,335
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Park Avenue, $200–$349 is the majority at 69%; Under $200 is next at 18%.
Monthly mortgage distribution
View on map →In Park Avenue, $1,000–$1,799 is the majority at 58%; Under $1,000 is next at 30%.
Owning & renting
How homes are owned or rented.
Renters make up 32.8% of households, which is higher than most areas and a little above the Australian average. About 29.5% of homes are owned outright, a figure that has fallen slightly since 2011 and sits just below the national average.
32.8% ▼ -6.5%
Higher than 66% of statistical area 2 (sa2) areas.
- 2011: 35.1%
- 2016: 33.7%
- 2021: 32.8%
Share of occupied private dwellings that are rented.
29.5% ▼ -5.6%
Lower than 59% of statistical area 2 (sa2) areas.
- 2011: 31.3%
- 2016: 29.9%
- 2021: 29.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Park Avenue splits fairly evenly between Owned with a mortgage (34%) and Rented (33%), with Owned outright at 29%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 87% of the market, which is far above the national figure of 72.3%. While the number of homes with three or more bedrooms is a little below the Australian average at 72.1%, the number of people per bedroom has dropped to 0.80 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.
87.0% ▲ +0.8%
Higher than 56% of statistical area 2 (sa2) areas.
- 2011: 86.2%
- 2016: 84.7%
- 2021: 87.0%
Share of occupied private dwellings that are separate houses.
72.1% ▲ +1.9%
Lower than 69% of statistical area 2 (sa2) areas.
- 2011: 70.7%
- 2016: 70.9%
- 2021: 72.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Park Avenue, Separate house is the majority at 87%; Townhouse / semi-detached is next at 10%.
Bedrooms per home
View on map →In Park Avenue, 3 bedrooms is the majority at 54%; 2 bedrooms is next at 23%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Park Avenue
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Park Avenue [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/308031214/park-avenue/topic/housing-dwellings