Yarra · Sub-region (SA3)

Housing & Dwellings in Yarra

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

Over half of all households in Yarra rent their home, a figure far above the national rate. This makes the area stand out across Victoria as a high-cost hub where few people own their homes outright. The typical weekly rent is $451, which is much higher than in most other areas.

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📍 Yarra, Sub-region (SA3)

Where Yarra sits — Median rent (weekly)

$451 ▲ +21.9%
  • $100–$118: 3 areas
  • $118–$136: 1 area
  • $136–$154: 3 areas
  • $154–$171: 1 area
  • $171–$189: 5 areas
  • $189–$207: 11 areas
  • $207–$225: 8 areas
  • $225–$243: 16 areas
  • $243–$261: 18 areas
  • $261–$279: 8 areas
  • $279–$296: 22 areas
  • $296–$314: 24 areas
  • $314–$332: 18 areas
  • $332–$350: 15 areas
  • $350–$368: 30 areas
  • $368–$386: 28 areas
  • $386–$404: 37 areas
  • $404–$421: 22 areas
  • $421–$439: 14 areas
  • $439–$457: 15 areas
  • $457–$475: 10 areas
  • $475–$493: 6 areas
  • $493–$511: 8 areas
  • $511–$529: 2 areas
  • $529–$546: 1 area
  • $546–$564: 5 areas
  • $564–$582: 2 areas
  • $582–$600: 7 areas

All sub-region (sa3) areas, 2021. The marker is Yarra — higher than 86% of areas.

Median rent (weekly) compared with the state and national average
Yarra$451
Greater Melbourne $390
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $451, while the usual monthly home loan payment is $2,326. Both figures are much higher than in most areas, with monthly mortgage payments sitting well above the Victorian average of $1,859.

$451 ▲ +21.9%

Higher than 86% of sub-region (sa3) areas.

  • 2011: $370
  • 2016: $421
  • 2021: $451

Median weekly rent paid by households renting their home.

$2,326 ▲ +1.8%

Higher than 87% of sub-region (sa3) areas.

  • 2011: $2,284
  • 2016: $2,167
  • 2021: $2,326

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Yarra, the largest group is $350–$549 at 38%, followed by $550–$749 (22%) and $200–$349 (15%).

Monthly mortgage distribution

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In Yarra, the largest group is $3,000 or more at 37%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (22%).

Owning & renting

How homes are owned or rented.

Renting is very common here, with 53.3% of households renting, which is far above the 30.6% national figure. Conversely, only 20.3% of homes are owned outright, a rate far below both the state and national averages.

53.3% ▲ +2.8%

Higher than 93% of sub-region (sa3) areas.

  • 2011: 51.8%
  • 2016: 54.5%
  • 2021: 53.3%

Share of occupied private dwellings that are rented.

20.3% ▼ -4.8%

Lower than 87% of sub-region (sa3) areas.

  • 2011: 21.3%
  • 2016: 19.8%
  • 2021: 20.3%

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

How homes are owned or rented

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In Yarra, Rented is the majority at 53%; Owned with a mortgage is next at 24%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Flats and apartments make up 49% of the housing stock, while separate houses are rare at just 12.8%, far below the state average. Because there are so few large homes, the number of people per bedroom is well above the national figure.

1.00 ▼ -16.7%

Higher than 93% of sub-region (sa3) areas.

  • 2011: 1.20
  • 2016: 1.00
  • 2021: 1.00

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

12.8% ▼ -41.5%

Lower than 99% of sub-region (sa3) areas.

  • 2011: 21.9%
  • 2016: 14.3%
  • 2021: 12.8%

Share of occupied private dwellings that are separate houses.

34.4% ▼ -9.6%

Lower than 99% of sub-region (sa3) areas.

  • 2011: 38.0%
  • 2016: 34.5%
  • 2021: 34.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Yarra, the largest group is Flat or apartment at 49%, followed by Townhouse / semi-detached (37%) and Separate house (13%).

Bedrooms per home

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In Yarra, the largest group is 2 bedrooms at 45%, followed by 3 bedrooms (27%) and 1 bedroom (20%).

Sources

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

More for Yarra

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Yarra [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa3/20607/yarra/topic/housing-dwellings