$692 —
Lower than 94% of suburb / locality areas.
- 2016: $975
- 2021: $692
Median monthly mortgage repayment for households with a mortgage.
Banyena · Suburb / Locality
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.
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.
Median monthly mortgage repayment for households with a mortgage.
In Banyena, Under $1,000 is the majority at 100%.
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%).
In Banyena, Owned outright is the majority at 60%; Owned with a mortgage is next at 40%.
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.
Average number of usual residents per bedroom — a crowding measure.
In Banyena, Separate house is the majority at 100%.
In Banyena, 4 bedrooms is the majority at 54%; 3 bedrooms is next at 46%.
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