Burnbank · Suburb / Locality

Housing & Dwellings in Burnbank

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

Very low housing costs define daily life in Burnbank, where the typical monthly mortgage is just $904. This makes the area much more affordable than most of the state and the country.

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📍 Burnbank, Suburb / Locality

Where Burnbank sits — Median rent (weekly)

$165
  • $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 Burnbank — lower than 83% of areas.

Median rent (weekly) compared with the state and national average
Burnbank$165
3371, VIC $190
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Rent is far below the national figure at just $165 a week. This aligns with typical home loan payments, which are far below the Victorian average by $955 a month.

$165

Lower than 83% of suburb / locality areas.

  • 2016: $75
  • 2021: $165

Median weekly rent paid by households renting their home.

$904

Lower than 88% of suburb / locality areas.

  • 2016: $1,300
  • 2021: $904

Median monthly mortgage repayment for households with a mortgage.

Owning & renting

How homes are owned or rented.

The most common how homes are owned or rented is Owned outright at 53%, ahead of Owned with a mortgage (27%).

How homes are owned or rented

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In Burnbank, Owned outright is the majority at 67%; Owned with a mortgage is next at 33%.

Types of homes

Houses, townhouses, apartments and bedrooms.

People per bedroom is 0.80, which is higher than most areas and about the same as the figures for Victoria and Australia.

0.80

Lower than 57% of suburb / locality areas.

  • 2016: 0.70
  • 2021: 0.80

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

Types of homes

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

Bedrooms per home

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In Burnbank, the largest group is 4 bedrooms at 40%, followed by 3 bedrooms (33%) and 2 bedrooms (27%).

Sources

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

More for Burnbank

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Burnbank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20416/burnbank/topic/housing-dwellings