Banyena · Suburb / Locality

Housing & Dwellings in Banyena

Where and how people live — the homes, how they are held, and what they cost.

Monthly home loan payments in Banyena are far below the national figure, with a typical cost of just $692. This makes it one of the most affordable areas for homeowners compared to similar places across the country.

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📍 Banyena, Suburb / Locality

Housing costs

Rents, mortgages and crowding.

The typical monthly home loan payment is $692, which is far below the Victorian figure of $1,859 and the national average of $1,863.

$692

Lower than 94% of suburb / locality areas.

  • 2016: $975
  • 2021: $692

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

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In Banyena, Under $1,000 is the majority at 100%.

Owning & renting

How homes are owned or rented.

The most common how homes are owned or rented is Owned outright at 129%, ahead of Owned with a mortgage (86%).

How homes are owned or rented

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In Banyena, Owned outright is the majority at 60%; Owned with a mortgage is next at 40%.

Types of homes

Houses, townhouses, apartments and bedrooms.

There are 0.80 people per bedroom, a figure that is higher than most areas but about the same as both Victoria and Australia.

0.80

Lower than 57% of suburb / locality areas.

  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

Types of homes

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In Banyena, Separate house is the majority at 100%.

Bedrooms per home

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In Banyena, 4 bedrooms is the majority at 54%; 3 bedrooms is next at 46%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Banyena

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Banyena [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20135/banyena/topic/housing-dwellings