$125 —
Lower than 90% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Bears Lagoon · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments are far below the state and national figures in Bears Lagoon, reflecting an area where housing is much more affordable. This trend is seen across the board, with both loan repayments and weekly rents sitting well under the typical costs found across Victoria.
All suburb / locality areas, 2021. The marker is Bears Lagoon — lower than 90% of areas.
Rents, mortgages and crowding.
The typical weekly rent is just $125, which is far below the national figure of $375. Monthly home-loan payments are also among the lowest seen in similar areas at $421, compared to $1,859 for Victoria.
$125 —
Lower than 90% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$421 —
Lower than 99% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Rented at 28%, ahead of Other tenure (22%).
In Bears Lagoon, the largest group is Rented at 42%, followed by Other tenure (33%) and Owned outright (25%).
Houses, townhouses, apartments and bedrooms.
Homes in the area tend to be less crowded than most, with only 0.70 people per bedroom. This is a little below the same figure for both Victoria and Australia.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Bears Lagoon, Separate house is the majority at 100%.
In Bears Lagoon, 4 bedrooms is the majority at 56%; 3 bedrooms is next at 44%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Bears Lagoon [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20179/bears-lagoon/topic/housing-dwellings