$165 —
Lower than 83% of suburb / locality areas.
- 2016: $75
- 2021: $165
Median weekly rent paid by households renting their home.
Burnbank · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Burnbank — lower than 83% of areas.
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.
Median weekly rent paid by households renting their home.
$904 —
Lower than 88% 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 Owned outright at 53%, ahead of Owned with a mortgage (27%).
In Burnbank, Owned outright is the majority at 67%; Owned with a mortgage is next at 33%.
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.
Average number of usual residents per bedroom — a crowding measure.
In Burnbank, Separate house is the majority at 100%.
In Burnbank, the largest group is 4 bedrooms at 40%, followed by 3 bedrooms (33%) and 2 bedrooms (27%).
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