Prospect · Statistical Area 2 (SA2)

Housing & Dwellings in Prospect

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

Far more people rent their homes in Prospect than in the rest of South Australia, with 34.0% of households renting. This makes the area stand out compared to the state and national figures. While the housing mix is shifting, the typical home is still a separate house, though these are less common here than in most other Australian suburbs.

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📍 Prospect, Statistical Area 2 (SA2)

Where Prospect sits — Median rent (weekly)

$350 ▲ +32.1%
  • $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 Prospect — lower than 57% of areas.

Median rent (weekly) compared with the state and national average
Prospect$350
5082, SA $340
South Australia $300
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments of $1,950 are well above the South Australian figure of $1,500. Renters pay a typical weekly rent of $350, which is a little above the state average and has risen by $85 since 2011.

$350 ▲ +32.1%

Lower than 57% of statistical area 2 (sa2) areas.

  • 2011: $265
  • 2016: $300
  • 2021: $350

Median weekly rent paid by households renting their home.

$1,950 ▲ +12.5%

Higher than 57% of statistical area 2 (sa2) areas.

  • 2011: $1,733
  • 2016: $1,950
  • 2021: $1,950

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Prospect, the largest group is $350–$549 at 45%, followed by $200–$349 (37%) and Under $200 (12%).

Monthly mortgage distribution

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In Prospect, the largest group is $1,800–$2,999 at 34%, followed by $1,000–$1,799 (28%) and $3,000 or more (21%).

Owning & renting

How homes are owned or rented.

Renting is much more common here than in most areas, and this figure has risen to 34.0% since 2011. Meanwhile, the proportion of people who own their homes outright has fallen slightly to 30.1%.

34.0% ▲ +10.3%

Higher than 68% of statistical area 2 (sa2) areas.

  • 2011: 30.8%
  • 2016: 31.2%
  • 2021: 34.0%

Share of occupied private dwellings that are rented.

30.1% ▼ -5.4%

Lower than 57% of statistical area 2 (sa2) areas.

  • 2011: 31.8%
  • 2016: 31.1%
  • 2021: 30.1%

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

How homes are owned or rented

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Prospect splits fairly evenly between Rented (34%) and Owned with a mortgage (33%), with Owned outright at 30%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are well below the state and national figures at 68.4%, and homes with three or more bedrooms are far below the South Australian average. Despite fewer large homes, there are a little more people per bedroom here than in most other areas.

0.90 ▼ -18.2%

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

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.90

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

68.4% ▼ -10.9%

Lower than 74% of statistical area 2 (sa2) areas.

  • 2011: 76.8%
  • 2016: 72.6%
  • 2021: 68.4%

Share of occupied private dwellings that are separate houses.

66.6% ▲ +4.6%

Lower than 77% of statistical area 2 (sa2) areas.

  • 2011: 63.7%
  • 2016: 66.5%
  • 2021: 66.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Prospect, Separate house is the majority at 69%; Townhouse / semi-detached is next at 17%.

Bedrooms per home

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In Prospect, the largest group is 3 bedrooms at 45%, followed by 2 bedrooms (28%) and 4 bedrooms (19%).

Sources

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

More for Prospect

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Prospect [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/401061021/prospect/topic/housing-dwellings