$1,500 —
Lower than 58% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Balook · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Fewer than one person per bedroom is the norm for homes in Balook. This sparsely populated area has a small number of dwellings where the typical monthly mortgage payment is slightly lower than the state and national figures.
Rents, mortgages and crowding.
A typical monthly home-loan payment here is $1,500. This is a little below the $1,859 seen across Victoria and the $1,863 national figure.
$1,500 —
Lower than 58% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Balook, $1,000–$1,799 is the majority at 100%.
How homes are owned or rented.
The most common how homes are owned or rented is Owned with a mortgage at 50%, ahead of Owned outright (0%).
In Balook, Owned with a mortgage is the majority at 100%.
Houses, townhouses, apartments and bedrooms.
Homes in Balook are less crowded than most areas, with only 0.70 people per bedroom. This is a little below the figure for both Victoria and Australia, which both sit at 0.80.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Balook [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20122/balook/topic/housing-dwellings