Magnetic Island · Statistical Area 2 (SA2)

Housing & Dwellings in Magnetic Island

Where and how people live — the homes, how they are held, and what they cost.

Separate houses make up 82.6% of the dwellings on Magnetic Island. This is a place where housing costs are much lower than in most other areas. Nearly half of the residents own their homes outright, which is far above the national figure.

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📍 Magnetic Island, Statistical Area 2 (SA2)

Where Magnetic Island sits — Median rent (weekly)

$290 ▲ +25.5%
  • $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 Magnetic Island — lower than 76% of areas.

Median rent (weekly) compared with the state and national average
Magnetic Island$290
4819, QLD $290
Queensland $365
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are $290, which is well below the national figure of $375. Mortgage payments are also much lower than in most areas, with the usual monthly payment sitting at $1,353.

$290 ▲ +25.5%

Lower than 76% of statistical area 2 (sa2) areas.

  • 2011: $231
  • 2016: $250
  • 2021: $290

Median weekly rent paid by households renting their home.

$1,353 ▼ -14.5%

Lower than 82% of statistical area 2 (sa2) areas.

  • 2011: $1,582
  • 2016: $1,387
  • 2021: $1,353

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Magnetic Island, $200–$349 is the majority at 58%; $350–$549 is next at 24%.

Monthly mortgage distribution

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In Magnetic Island, the largest group is $1,000–$1,799 at 49%, followed by Under $1,000 (28%) and $1,800–$2,999 (20%).

Owning & renting

How homes are owned or rented.

Outright home ownership is very common at 46.8%, a figure that rose 14 points since 2011. This helps explain why the proportion of households renting is well below the Queensland average, falling to 26.5%.

26.5% ▼ -30.7%

Lower than 51% of statistical area 2 (sa2) areas.

  • 2011: 38.3%
  • 2016: 36.0%
  • 2021: 26.5%

Share of occupied private dwellings that are rented.

46.8% ▲ +44.8%

Higher than 90% of statistical area 2 (sa2) areas.

  • 2011: 32.3%
  • 2016: 34.9%
  • 2021: 46.8%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Magnetic Island, the largest group is Owned outright at 47%, followed by Rented (27%) and Owned with a mortgage (23%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Detached houses are common, but homes with three or more bedrooms are far less frequent here than in the rest of Australia. There are typically 0.70 people per bedroom, which is a little below the national figure.

0.70 ▼ -36.4%

Lower than 99% of statistical area 2 (sa2) areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

82.6% ▲ +3.7%

Lower than 55% of statistical area 2 (sa2) areas.

  • 2011: 79.7%
  • 2016: 79.3%
  • 2021: 82.6%

Share of occupied private dwellings that are separate houses.

56.4% ▼ -5.0%

Lower than 86% of statistical area 2 (sa2) areas.

  • 2011: 59.4%
  • 2016: 56.0%
  • 2021: 56.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Magnetic Island, Separate house is the majority at 84%; Townhouse / semi-detached is next at 9%.

Bedrooms per home

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In Magnetic Island, the largest group is 3 bedrooms at 43%, followed by 2 bedrooms (34%) and 4 bedrooms (12%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Magnetic Island

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Magnetic Island [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/318021483/magnetic-island/topic/housing-dwellings