$325 ▲ +25.0%
Lower than 65% of statistical area 2 (sa2) areas.
- 2011: $260
- 2016: $300
- 2021: $325
Median weekly rent paid by households renting their home.
Margate - Woody Point · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
More than 40% of households in Margate - Woody Point are renting, which is far above the national figure. This makes the area a significant hub for renters compared to other similar places. While renting is common, the typical weekly rent is a little below both the state and national figures.
All statistical area 2 (sa2) areas, 2021. The marker is Margate - Woody Point — lower than 65% of areas.
| Margate - Woody Point | $325 |
|---|---|
| 4019, QLD | $330 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $325, which is a little below the Queensland and Australian figures. For those with home loans, the typical monthly payment is $1,733, which is about the same as the state average and has fallen since 2011.
$325 ▲ +25.0%
Lower than 65% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,733 ▼ -3.7%
Lower than 57% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Margate - Woody Point splits fairly evenly between $350–$549 (39%) and $200–$349 (39%), with Under $200 at 18%.
Margate - Woody Point splits fairly evenly between $1,000–$1,799 (37%) and $1,800–$2,999 (37%), with Under $1,000 at 18%.
How homes are owned or rented.
Renting is very common here at 40.8%, a figure well above the Queensland and national averages, though this is 5.7 percentage points lower than in 2011. Around 29.9% of homes are owned outright, which is about the same as the state figure.
40.8% ▼ -12.2%
Higher than 80% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
29.9% ▲ +15.3%
Lower than 58% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Margate - Woody Point, the largest group is Rented at 41%, followed by Owned outright (30%) and Owned with a mortgage (27%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 64.4% of homes, which is well below the national average. This trend is reflected in the types of bedrooms available; homes with three or more bedrooms are far below the state average at 64.0%.
0.70 ▼ -36.4%
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
64.4% ▼ -3.2%
Lower than 77% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
64.0% ▲ +8.1%
Lower than 79% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Margate - Woody Point, Separate house is the majority at 64%; Flat or apartment is next at 28%.
In Margate - Woody Point, the largest group is 3 bedrooms at 45%, followed by 2 bedrooms (27%) and 4 bedrooms (15%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Margate - Woody Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/313051378/margate-woody-point/topic/housing-dwellings