$390 ▲ +50.0%
Higher than 80% of suburb / locality areas.
- 2011: $260
- 2016: $320
- 2021: $390
Median weekly rent paid by households renting their home.
Bannockburn · Suburb / Locality
Housing & Dwellings in Bannockburn
Where and how people live — the homes, how they are held, and what they cost.
Large family homes dominate the landscape in Bannockburn, where nearly 96% of dwellings are separate houses. This is a place where most people own their own home, and the housing market is geared toward larger households with plenty of space.
$390
▲ +50.0%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Bannockburn — higher than 80% of areas.
Housing costs
Rents, mortgages and crowding.
Weekly rent is much higher than in most similar areas, typically reaching $390. Home loan repayments are also higher than most areas, with the typical monthly payment sitting at $1,863, which is about the same as the state and national figures.
$1,863 ▲ +7.5%
Higher than 64% of suburb / locality areas.
- 2011: $1,733
- 2016: $1,749
- 2021: $1,863
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Bannockburn, $350–$549 is the majority at 63%; $200–$349 is next at 30%.
Monthly mortgage distribution
View on map →In Bannockburn, the largest group is $1,800–$2,999 at 43%, followed by $1,000–$1,799 (35%) and Under $1,000 (12%).
Owning & renting
How homes are owned or rented.
Home ownership is very common here, with 57.6% of homes having a mortgage and 29.6% owned outright. Only 11.1% of households rent, a figure that is far below both the Victorian and Australian averages.
11.1% ▲ +2.8%
Lower than 69% of suburb / locality areas.
- 2011: 10.8%
- 2016: 13.4%
- 2021: 11.1%
Share of occupied private dwellings that are rented.
29.6% ▼ -1.8%
Lower than 78% of suburb / locality areas.
- 2011: 30.1%
- 2016: 26.4%
- 2021: 29.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Bannockburn, Owned with a mortgage is the majority at 58%; Owned outright is next at 30%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Spacious living is the norm in Bannockburn, with 94.2% of homes having three or more bedrooms, far above the national figure of 73.8%. This helps explain why there are 0.80 people per bedroom, which is higher than most areas.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
95.9% ▼ -3.5%
Lower than 52% of suburb / locality areas.
- 2011: 99.4%
- 2016: 99.0%
- 2021: 95.9%
Share of occupied private dwellings that are separate houses.
94.2% ▲ +3.1%
Higher than 88% of suburb / locality areas.
- 2011: 91.3%
- 2016: 91.1%
- 2021: 94.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Bannockburn, Separate house is the majority at 96%; Townhouse / semi-detached is next at 4%.
Bedrooms per home
View on map →In Bannockburn, 4 bedrooms is the majority at 53%; 3 bedrooms is next at 34%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Bannockburn
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Bannockburn [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20133/bannockburn/topic/housing-dwellings