$399 ▲ +33.0%
Higher than 71% of sub-region (sa3) areas.
- 2011: $300
- 2016: $350
- 2021: $399
Median weekly rent paid by households renting their home.
Banyule · Sub-region (SA3)
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 75.9% of all homes in Banyule, making them the most common dwelling type. The area is generally more expensive than most, with typical mortgage payments and rents both higher than in most similar regions. While home ownership remains strong, the cost of keeping a roof over one's head has risen significantly over the last decade.
All sub-region (sa3) areas, 2021. The marker is Banyule — higher than 71% of areas.
| Banyule | $399 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments of $2,167 are much higher than most areas and rose by $267 since 2011. Renters also face higher costs, with the usual weekly rent of $399 sitting slightly above the national figure of $375.
$399 ▲ +33.0%
Higher than 71% of sub-region (sa3) areas.
Median weekly rent paid by households renting their home.
$2,167 ▲ +14.1%
Higher than 80% of sub-region (sa3) areas.
Median monthly mortgage repayment for households with a mortgage.
In Banyule, $350–$549 is the majority at 56%; $200–$349 is next at 20%.
In Banyule, the largest group is $1,800–$2,999 at 37%, followed by $3,000 or more (27%) and $1,000–$1,799 (21%).
How homes are owned or rented.
A high proportion of residents own their homes outright, at 36.7%, which is well above the national figure of 31%. Meanwhile, 25.8% of households rent, a figure that is well below the Australian average and has risen slightly since 2011.
25.8% ▲ +8.2%
Lower than 60% of sub-region (sa3) areas.
Share of occupied private dwellings that are rented.
36.7% ▼ -5.7%
Higher than 67% of sub-region (sa3) areas.
Share of occupied private dwellings owned outright (no mortgage).
Banyule splits fairly evenly between Owned outright (37%) and Owned with a mortgage (35%), with Rented at 26%.
Houses, townhouses, apartments and bedrooms.
Detached houses are common here, with 75.9% of homes being separate houses, though this has fallen 5.0 percentage points since 2011. Most homes are spacious, with 75.6% having three or more bedrooms.
0.80 ▼ -27.3%
Lower than 71% of sub-region (sa3) areas.
Average number of usual residents per bedroom — a crowding measure.
75.9% ▼ -6.2%
Lower than 64% of sub-region (sa3) areas.
Share of occupied private dwellings that are separate houses.
75.6% ▼ -0.5%
Lower than 60% of sub-region (sa3) areas.
Share of occupied private dwellings with three or more bedrooms.
In Banyule, Separate house is the majority at 76%; Townhouse / semi-detached is next at 16%.
In Banyule, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (24%) and 2 bedrooms (20%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Banyule [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa3/20901/banyule/topic/housing-dwellings