$100 —
Lower than 94% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Arnold · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Almost 80% of homes in Arnold are owned outright, making it an area where very few people pay rent or a mortgage. This high level of ownership means housing costs are far lower than in the rest of the state. Most residents live in detached houses with a typical monthly mortgage payment of just $1,170.
All suburb / locality areas, 2021. The marker is Arnold — lower than 94% of areas.
Rents, mortgages and crowding.
Housing is very affordable here, with typical weekly rents of $100 being far below the national figure of $375. Mortgage payments are also well below the Victorian average, sitting at $1,170 a month.
$100 —
Lower than 94% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,170 —
Lower than 78% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
Ownership is the norm, with 79.2% of homes owned outright, which is far above the national figure of 31%. In contrast, no households in the area are renting.
0.0% —
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings that are rented.
79.2% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Arnold, Owned outright is the majority at 76%; Owned with a mortgage is next at 24%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 95.8% of the local stock, far above the Victorian average of 73.4%. While most homes are detached, the 66.7% of houses with three or more bedrooms is well below the national figure.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
95.8% —
Lower than 52% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
66.7% —
Lower than 78% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Arnold, 3 bedrooms is the majority at 81%; 4 bedrooms is next at 19%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Arnold [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20069/arnold/topic/housing-dwellings