$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.
Magnetic Island · Statistical Area 2 (SA2)
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.
All statistical area 2 (sa2) areas, 2021. The marker is Magnetic Island — lower than 76% of areas.
| Magnetic Island | $290 |
|---|---|
| 4819, QLD | $290 |
| Queensland | $365 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$1,353 ▼ -14.5%
Lower than 82% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Magnetic Island, $200–$349 is the majority at 58%; $350–$549 is next at 24%.
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%).
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.
Share of occupied private dwellings that are rented.
46.8% ▲ +44.8%
Higher than 90% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Magnetic Island, the largest group is Owned outright at 47%, followed by Rented (27%) and Owned with a mortgage (23%).
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.
Average number of usual residents per bedroom — a crowding measure.
82.6% ▲ +3.7%
Lower than 55% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
56.4% ▼ -5.0%
Lower than 86% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Magnetic Island, Separate house is the majority at 84%; Townhouse / semi-detached is next at 9%.
In Magnetic Island, the largest group is 3 bedrooms at 43%, followed by 2 bedrooms (34%) and 4 bedrooms (12%).
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