$315 ▲ +26.0%
Lower than 69% of statistical area 2 (sa2) areas.
- 2011: $250
- 2016: $285
- 2021: $315
Median weekly rent paid by households renting their home.
Hope Valley - Modbury · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly mortgage of $1,500 makes Hope Valley - Modbury much more affordable than most other areas. While home loan and rent costs are generally lower than the national figures, the suburb remains a predominantly owner-occupied area. This mix of housing keeps costs steady compared to the state average.
All statistical area 2 (sa2) areas, 2021. The marker is Hope Valley - Modbury — lower than 69% of areas.
| Hope Valley - Modbury | $315 |
|---|---|
| 5090, SA | $320 |
| South Australia | $300 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rents are lower than most areas, sitting at $315, which is a little below the national figure of $375. Home loan payments follow a similar trend, with a typical monthly cost of $1,500 that is much lower than in most other areas.
$315 ▲ +26.0%
Lower than 69% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,500 ▲ +1.4%
Lower than 73% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Hope Valley - Modbury, the largest group is $200–$349 at 47%, followed by $350–$549 (35%) and Under $200 (16%).
In Hope Valley - Modbury, the largest group is $1,000–$1,799 at 50%, followed by $1,800–$2,999 (24%) and Under $1,000 (21%).
How homes are owned or rented.
Home ownership is common, with 30.2% of residents owning their place outright and 34.1% having a mortgage. The proportion of households renting is 26.5%, which is well below the national figure of 30.6%.
26.5% ▲ +8.5%
Lower than 51% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
30.2% ▼ -9.0%
Lower than 57% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Hope Valley - Modbury splits fairly evenly between Owned with a mortgage (34%) and Owned outright (30%), with Rented at 26%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 75.6% of the suburb, a figure well above the national average. Most homes are mid-sized, with 55.5% having three bedrooms and 73.7% having three or more.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
75.6% ▲ +0.4%
Lower than 65% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
73.7% ▲ +3.3%
Lower than 65% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Hope Valley - Modbury, Separate house is the majority at 76%; Townhouse / semi-detached is next at 20%.
In Hope Valley - Modbury, 3 bedrooms is the majority at 56%; 2 bedrooms is next at 23%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Hope Valley - Modbury [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/402051052/hope-valley-modbury/topic/housing-dwellings