$160 —
Lower than 84% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Bung Bong · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A high proportion of homeowners who own their houses outright defines Bung Bong, where costs for housing remain very low. Almost 70% of residents own their home without a mortgage, contributing to a local housing market that is far more affordable than the state and national averages.
All suburb / locality areas, 2021. The marker is Bung Bong — lower than 84% of areas.
Rents, mortgages and crowding.
Typical weekly rents are just $160, which is far below the national figure of $375. Monthly home-loan payments are also well below the state average, sitting at $1,232 compared to $1,859 across Victoria.
$160 —
Lower than 84% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,232 —
Lower than 75% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Bung Bong, Under $200 is the majority at 100%.
How homes are owned or rented.
Almost 69.2% of homes are owned outright, a figure far above the national average of 31%. This helps explain why only 11.5% of households rent, which is far below the 30.6% seen across Australia.
11.5% —
Lower than 68% of suburb / locality areas.
Share of occupied private dwellings that are rented.
69.2% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Bung Bong, Owned outright is the majority at 72%; Owned with a mortgage is next at 16%.
Houses, townhouses, apartments and bedrooms.
Every single home in Bung Bong is a separate house, far exceeding the national figure of 72.3%. Most are large, with 76.9% having three or more bedrooms, though there are fewer people per bedroom than in most other areas.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
76.9% —
Lower than 57% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Bung Bong, Separate house is the majority at 100%.
In Bung Bong, 3 bedrooms is the majority at 55%; 5 or more is next at 25%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Bung Bong [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20400/bung-bong/topic/housing-dwellings