$465 ▲ +28.8%
Higher than 84% of statistical area 2 (sa2) areas.
- 2011: $361
- 2016: $410
- 2021: $465
Median weekly rent paid by households renting their home.
Paradise Point - Hollywell · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents have risen by $104 since 2011 in Paradise Point - Hollywell, reflecting a market where housing costs are now much higher than most areas. The neighborhood is increasingly dominated by homeowners, with a far higher proportion of people owning their homes outright than in the rest of Queensland.
All statistical area 2 (sa2) areas, 2021. The marker is Paradise Point - Hollywell — higher than 84% of areas.
| Paradise Point - Hollywell | $465 |
|---|---|
| 4216, QLD | $430 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments of $2,167 and weekly rents of $465 are both well above the Queensland figures. These costs are much higher than in most similar areas, though the typical mortgage payment has barely changed since 2011.
$465 ▲ +28.8%
Higher than 84% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,167 → 0.0%
Higher than 73% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Paradise Point - Hollywell, the largest group is $350–$549 at 41%, followed by $550–$749 (24%) and $750 or more (15%).
Paradise Point - Hollywell splits fairly evenly between $3,000 or more (32%) and $1,800–$2,999 (30%), with $1,000–$1,799 at 23%.
How homes are owned or rented.
Home ownership is very strong here, with 43.2% of homes owned outright, which is far above the national figure of 31.0%. Meanwhile, the share of households renting has fallen by 6.8 percentage points since 2011 and remains well below the state and national averages.
24.3% ▼ -21.8%
Lower than 58% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
43.2% ▲ +16.4%
Higher than 84% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Paradise Point - Hollywell, the largest group is Owned outright at 43%, followed by Owned with a mortgage (30%) and Rented (24%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 56.4% of homes, which is far below the national figure of 72.3%. While three-bedroom homes are common, the area has seen a decline in the number of people per bedroom since 2011, falling from 1.00 to 0.70.
0.70 ▼ -30.0%
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
56.4% ▼ -8.6%
Lower than 82% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
75.1% ▲ +1.5%
Lower than 62% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Paradise Point - Hollywell, Separate house is the majority at 57%; Townhouse / semi-detached is next at 28%.
In Paradise Point - Hollywell, the largest group is 3 bedrooms at 39%, followed by 4 bedrooms (27%) and 2 bedrooms (21%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Paradise Point - Hollywell [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/309031239/paradise-point-hollywell/topic/housing-dwellings