Buffalo · Suburb / Locality

Housing & Dwellings in Buffalo

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

A typical home in Buffalo is a large, detached house with very low running costs. This is a place where most people own their own home, with the typical monthly mortgage payment of $1,150 sitting far below the national figure.

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📍 Buffalo, Suburb / Locality

Where Buffalo sits — Median rent (weekly)

$260 ▲ +664.7%
  • $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 Buffalo — lower than 57% of areas.

Median rent (weekly) compared with the state and national average
Buffalo$260
3958, VIC $260
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are well below the state and national figures, sitting at $260. Mortgage payments are also much lower than most areas, with 43.3% of households paying between $1,000 and $1,799 a month.

$260 ▲ +664.7%

Lower than 57% of suburb / locality areas.

  • 2011: $34
  • 2016: $226
  • 2021: $260

Median weekly rent paid by households renting their home.

$1,150 ▼ -11.5%

Lower than 79% of suburb / locality areas.

  • 2011: $1,300
  • 2016: $1,509
  • 2021: $1,150

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Buffalo, $200–$349 is the majority at 57%; $750 or more is next at 43%.

Monthly mortgage distribution

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In Buffalo, $1,000–$1,799 is the majority at 57%; Under $1,000 is next at 22%.

Owning & renting

How homes are owned or rented.

Ownership is common here, with 42.7% of homes owned outright, which is far above the Victorian average. This helps explain why the proportion of renters at 13.5% is far below the state and national figures.

13.5% ▼ -29.5%

Lower than 60% of suburb / locality areas.

  • 2011: 19.2%
  • 2016: 18.9%
  • 2021: 13.5%

Share of occupied private dwellings that are rented.

42.7% ▼ -1.8%

Higher than 55% of suburb / locality areas.

  • 2011: 43.5%
  • 2016: 42.1%
  • 2021: 42.7%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Buffalo, the largest group is Owned outright at 45%, followed by Owned with a mortgage (33%) and Rented (14%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Every single home in Buffalo is a separate house, and 99% of them have three or more bedrooms. Because these homes are so large, there are fewer people per bedroom (0.70) than in the typical Australian home.

0.70 ▼ -36.4%

Lower than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

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

100.0% → 0.0%

Higher than 99% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 100.0%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

99.0% ▲ +12.9%

Higher than 98% of suburb / locality areas.

  • 2011: 87.6%
  • 2016: 83.2%
  • 2021: 99.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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

Bedrooms per home

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In Buffalo, 3 bedrooms is the majority at 56%; 4 bedrooms is next at 26%.

Sources

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

More for Buffalo

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Buffalo [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20375/buffalo/topic/housing-dwellings