$550 ▲ +29.4%
Higher than 93% of statistical area 2 (sa2) areas.
- 2011: $425
- 2016: $470
- 2021: $550
Median weekly rent paid by households renting their home.
Hope Island · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Much higher housing costs than most similar areas mark Hope Island, where the typical monthly mortgage is $2,200. This is a place of expensive property and high ownership, with many residents owning their homes outright. It is characterized by large, spacious dwellings that typically have three or more bedrooms.
All statistical area 2 (sa2) areas, 2021. The marker is Hope Island — higher than 93% of areas.
| Hope Island | $550 |
|---|---|
| 4216, QLD | $430 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are among the highest at this level at $550, which is well above the national figure of $375. Mortgage payments are also high, though the typical monthly payment fell by $450 since 2011 to reach $2,200.
$550 ▲ +29.4%
Higher than 93% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,200 ▼ -17.0%
Higher than 75% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Hope Island, the largest group is $350–$549 at 43%, followed by $550–$749 (32%) and $750 or more (19%).
Hope Island splits fairly evenly between $1,800–$2,999 (34%) and $3,000 or more (32%), with $1,000–$1,799 at 22%.
How homes are owned or rented.
Home ownership is strong in Hope Island, with 40.2% of homes owned outright—well above the 31% national figure. Meanwhile, the share of households renting is 27.4%, which is well below both the state and national averages.
27.4% ▼ -17.3%
Higher than 51% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
40.2% ▲ +17.4%
Higher than 75% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Hope Island, the largest group is Owned outright at 40%, followed by Owned with a mortgage (30%) and Rented (27%).
Houses, townhouses, apartments and bedrooms.
Large homes are common, as 80.5% have three or more bedrooms, which helps explain why there are only 0.70 people per bedroom. However, separate houses make up 59.5% of dwellings, which is far below the national figure of 72.3%.
0.70 ▼ -30.0%
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
59.5% ▼ -4.2%
Lower than 80% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
80.5% ▲ +1.0%
Higher than 55% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Hope Island, Separate house is the majority at 60%; Townhouse / semi-detached is next at 19%.
In Hope Island, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (29%) and 2 bedrooms (16%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Hope Island [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/309071253/hope-island/topic/housing-dwellings