$162 —
Lower than 84% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Boundary Bend · Suburb / Locality
Housing & Dwellings in Boundary Bend
Where and how people live — the homes, how they are held, and what they cost.
Much lower costs define the housing market in Boundary Bend, where the typical weekly rent is only $162. This affordability is mirrored in mortgage payments, which are far below the figures seen across Victoria and the rest of Australia.
$162
—
- $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 Boundary Bend — lower than 84% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly home loan payments are $840, which is far below the $1,859 usually seen in Victoria. Weekly rents are also much lower than most areas, sitting at just $162.
$840 ▼ -7.7%
Lower than 90% of suburb / locality areas.
- 2011: $910
- 2016: $658
- 2021: $840
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Boundary Bend, Under $200 is the majority at 100%.
Monthly mortgage distribution
View on map →In Boundary Bend, $1,800–$2,999 is the majority at 100%.
Owning & renting
How homes are owned or rented.
Home ownership is common here, with 45.1% of homes owned outright, a figure far above the national level. Meanwhile, only 17.6% of households rent, which is far below the state and national averages.
17.6% ▼ -53.6%
Higher than 53% of suburb / locality areas.
- 2011: 38.0%
- 2016: 29.8%
- 2021: 17.6%
Share of occupied private dwellings that are rented.
45.1% ▲ +22.0%
Higher than 62% of suburb / locality areas.
- 2011: 37.0%
- 2016: 40.4%
- 2021: 45.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Boundary Bend, the largest group is Owned outright at 46%, followed by Owned with a mortgage (20%) and Rented (18%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 84.3% of the local housing stock, which is far above the Victorian average. While homes with three or more bedrooms are less common than in most areas, there is a higher density of people per bedroom compared to the rest of the country.
1.00 ▼ -9.1%
Higher than 89% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
84.3% ▼ -7.7%
Lower than 76% of suburb / locality areas.
- 2011: 91.3%
- 2016: 87.2%
- 2021: 84.3%
Share of occupied private dwellings that are separate houses.
68.6% ▼ -3.3%
Lower than 75% of suburb / locality areas.
- 2011: 71.0%
- 2016: 61.7%
- 2021: 68.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Boundary Bend, Separate house is the majority at 86%; Other dwelling is next at 14%.
Bedrooms per home
View on map →In Boundary Bend, the largest group is 3 bedrooms at 46%, followed by 2 bedrooms (17%) and 4 bedrooms (17%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Boundary Bend
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Boundary Bend [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20308/boundary-bend/topic/housing-dwellings