$450 ▲ +15.4%
Higher than 80% of statistical area 2 (sa2) areas.
- 2011: $390
- 2016: $400
- 2021: $450
Median weekly rent paid by households renting their home.
Monash · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Higher than usual housing costs define daily life in Monash, where the typical weekly rent is $450. This is a place where most people own their homes rather than rent, and the housing stock consists almost entirely of large, separate houses.
All statistical area 2 (sa2) areas, 2021. The marker is Monash — higher than 80% of areas.
| Monash | $450 |
|---|---|
| 2904, ACT | $462 |
| Australian Capital Territory | $450 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rents of $450 are much higher than most areas and rose by $60 since 2011. Similarly, the typical monthly home loan payment is $2,058, which is a little above the national figure and increased by $195 over the last decade.
$450 ▲ +15.4%
Higher than 80% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,058 ▲ +10.5%
Higher than 66% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Monash, the largest group is $350–$549 at 47%, followed by $550–$749 (20%) and Under $200 (18%).
In Monash, the largest group is $1,800–$2,999 at 45%, followed by $1,000–$1,799 (24%) and $3,000 or more (16%).
How homes are owned or rented.
Owning a home outright is common here, with 36.1% of residents doing so—a figure well above the territory and national averages. Meanwhile, only 19.2% of households rent, which is far below the 30.6% seen across Australia.
19.2% ▼ -2.6%
Lower than 74% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
36.1% ▲ +6.2%
Higher than 62% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Monash splits fairly evenly between Owned with a mortgage (38%) and Owned outright (36%), with Rented at 19%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 86.1% of all homes, and 87.4% of dwellings have three or more bedrooms, which is far above the national average. Despite these large homes, the number of people per bedroom is low at 0.70 and has fallen since 2011.
0.70 ▼ -30.0%
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
86.1% ▲ +11.3%
Higher than 54% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
87.4% ▼ -5.0%
Higher than 74% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Monash, Separate house is the majority at 86%; Townhouse / semi-detached is next at 12%.
In Monash, the largest group is 3 bedrooms at 46%, followed by 4 bedrooms (34%) and 2 bedrooms (11%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Monash [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/801071084/monash/topic/housing-dwellings