$300 —
Higher than 57% of suburb / locality areas.
- 2016: $227
- 2021: $300
Median weekly rent paid by households renting their home.
Cherokee · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
High home-loan costs define the housing market in Cherokee, where monthly repayments are among the highest for similar areas. While borrowers pay a premium, the typical weekly rent of $300 remains a little below the Victorian average.
All suburb / locality areas, 2021. The marker is Cherokee — higher than 57% of areas.
Rents, mortgages and crowding.
Typical monthly home-loan payments are $2,722, which is well above the $1,863 national figure. In contrast, weekly rents are $300, sitting well below the Australian average of $375.
$300 —
Higher than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,722 —
Higher than 90% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Cherokee, $3,000 or more is the majority at 57%; $1,800–$2,999 is next at 43%.
How homes are owned or rented.
The most common how homes are owned or rented is Owned with a mortgage at 67%, ahead of Owned outright (39%).
In Cherokee, Owned with a mortgage is the majority at 55%; Owned outright is next at 32%.
Houses, townhouses, apartments and bedrooms.
Homes in the area are more crowded than most, with 1.00 person per bedroom. This is well above the Victorian and national figure of 0.80.
1.00 —
Higher than 89% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Cherokee, Separate house is the majority at 100%.
Cherokee splits fairly evenly between 1 bedroom (30%) and 3 bedrooms (30%), with 4 bedrooms at 25%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cherokee [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20541/cherokee/topic/housing-dwellings