$440 ▲ +27.5%
Higher than 83% of sub-region (sa3) areas.
- 2011: $345
- 2016: $391
- 2021: $440
Median weekly rent paid by households renting their home.
Monash · Sub-region (SA3)
Housing & Dwellings in Monash
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments have risen by $383 since 2011 in Monash, reflecting a shift toward more expensive housing. The area is now marked by high costs, with typical home loans and rents sitting well above both state and national figures.
$440
▲ +27.5%
- $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 Monash — higher than 83% of areas.
| Monash | $440 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,383, which is much higher than most areas and well above the Victorian figure of $1,859. Renters also pay more than usual, with a typical weekly rent of $440.
$2,383 ▲ +19.1%
Higher than 88% of sub-region (sa3) areas.
- 2011: $2,000
- 2016: $2,000
- 2021: $2,383
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Monash, $350–$549 is the majority at 58%; $550–$749 is next at 18%.
Monthly mortgage distribution
View on map →In Monash, the largest group is $3,000 or more at 36%, followed by $1,800–$2,999 (31%) and $1,000–$1,799 (18%).
Owning & renting
How homes are owned or rented.
Outright home ownership is high at 36.3%, which is well above the national figure of 31.0%, though this fell 5.9 points since 2011. Meanwhile, the share of households renting rose 4.8 points to reach 30.0%.
30.0% ▲ +19.0%
Higher than 57% of sub-region (sa3) areas.
- 2011: 25.2%
- 2016: 29.1%
- 2021: 30.0%
Share of occupied private dwellings that are rented.
36.3% ▼ -14.0%
Higher than 66% of sub-region (sa3) areas.
- 2011: 42.2%
- 2016: 38.5%
- 2021: 36.3%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Monash, the largest group is Owned outright at 36%, followed by Owned with a mortgage (30%) and Rented (30%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Most homes are large, with 80.2% having three or more bedrooms, a figure well above the national average. However, separate houses fell 9.5 points since 2011 to reach 69.6%, which is well below the Victorian average.
0.80 ▼ -27.3%
Lower than 71% of sub-region (sa3) areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
69.6% ▼ -12.0%
Lower than 73% of sub-region (sa3) areas.
- 2011: 79.1%
- 2016: 72.4%
- 2021: 69.6%
Share of occupied private dwellings that are separate houses.
80.2% ▼ -2.2%
Higher than 64% of sub-region (sa3) areas.
- 2011: 82.0%
- 2016: 80.3%
- 2021: 80.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Monash, Separate house is the majority at 70%; Flat or apartment is next at 15%.
Bedrooms per home
View on map →In Monash, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (31%) and 2 bedrooms (16%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Monash
Cite this page
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/sa3/21205/monash/topic/housing-dwellings