Casterton · Suburb / Locality

Housing & Dwellings in Casterton

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

Typical monthly mortgage payments in Casterton are just $700, which is far below the national figure. This affordable housing market is a standout feature of the town, where a huge majority of residents own their homes outright. Most people live in separate houses and pay very little in rent compared to the rest of the state.

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📍 Casterton, Suburb / Locality

Where Casterton sits — Median rent (weekly)

$160 ▲ +45.5%
  • $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 Casterton — lower than 84% of areas.

Median rent (weekly) compared with the state and national average
Casterton$160
3311, VIC $160
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rent is much lower than most areas at just $160, far below the $375 typical across Australia. This affordability extends to mortgages, where the typical monthly payment is $700, far below the Victorian figure of $1,859.

$160 ▲ +45.5%

Lower than 84% of suburb / locality areas.

  • 2011: $110
  • 2016: $130
  • 2021: $160

Median weekly rent paid by households renting their home.

$700 ▼ -10.3%

Lower than 93% of suburb / locality areas.

  • 2011: $780
  • 2016: $800
  • 2021: $700

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Casterton, Under $200 is the majority at 74%; $200–$349 is next at 26%.

Monthly mortgage distribution

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In Casterton, Under $1,000 is the majority at 73%; $1,000–$1,799 is next at 24%.

Owning & renting

How homes are owned or rented.

Home ownership is very high here, with 57.6% of homes owned outright, a figure far above the national average of 31%. Consequently, the proportion of households renting is far below both the state and national figures at 14.5%.

14.5% ▼ -16.6%

Lower than 57% of suburb / locality areas.

  • 2011: 17.3%
  • 2016: 17.3%
  • 2021: 14.5%

Share of occupied private dwellings that are rented.

57.6% ▲ +10.4%

Higher than 88% of suburb / locality areas.

  • 2011: 52.2%
  • 2016: 54.0%
  • 2021: 57.6%

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

How homes are owned or rented

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In Casterton, Owned outright is the majority at 58%; Owned with a mortgage is next at 21%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 94.3% of all homes, which is far above the Victorian figure of 73.4%. While 72.9% of homes have three or more bedrooms, the area has a little lower density of people per bedroom than most areas.

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.

94.3% ▼ -0.6%

Lower than 58% of suburb / locality areas.

  • 2011: 94.9%
  • 2016: 96.2%
  • 2021: 94.3%

Share of occupied private dwellings that are separate houses.

72.9% ▲ +0.9%

Lower than 67% of suburb / locality areas.

  • 2011: 72.2%
  • 2016: 72.0%
  • 2021: 72.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Casterton, Separate house is the majority at 94%; Flat or apartment is next at 5%.

Bedrooms per home

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In Casterton, 3 bedrooms is the majority at 58%; 2 bedrooms is next at 20%.

Sources

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

More for Casterton

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Casterton [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20513/casterton/topic/housing-dwellings