$215 —
Lower than 71% of suburb / locality areas.
- 2016: $150
- 2021: $215
Median weekly rent paid by households renting their home.
Coral Bank · Suburb / Locality
Housing & Dwellings in Coral Bank
Where and how people live — the homes, how they are held, and what they cost.
Every single home in Coral Bank is a separate house, with all of them having at least three bedrooms. This creates a landscape of large, detached dwellings where the typical cost of living is far below the state and national figures.
$215
—
- $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 Coral Bank — lower than 71% of areas.
| Coral Bank | $215 |
|---|---|
| 3691 crosses VIC/NSW | $340 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Housing is very affordable here, with a typical monthly mortgage payment of $985 and weekly rent of $215. Both figures are far below those found across Victoria and Australia.
$985 —
Lower than 86% of suburb / locality areas.
- 2016: $927
- 2021: $985
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Coral Bank, Under $1,000 is the majority at 100%.
Owning & renting
How homes are owned or rented.
A huge 66.7% of homes are owned outright, which is far above the national figure of 31%. Consequently, the 12.1% of households renting is much lower than in most other areas.
12.1% —
Lower than 66% of suburb / locality areas.
- 2016: 27.6%
- 2021: 12.1%
Share of occupied private dwellings that are rented.
66.7% —
Higher than 97% of suburb / locality areas.
- 2016: 65.5%
- 2021: 66.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Coral Bank, Owned outright is the majority at 55%; Owned with a mortgage is next at 35%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes are consistently large, as 100% of dwellings have three or more bedrooms. This is far above the Victorian average, though there are slightly fewer people per bedroom (0.70) than the national figure.
0.70 —
Lower than 86% of suburb / locality areas.
- 2016: 0.60
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
- 2016: 100.0%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
100.0% —
Higher than 99% of suburb / locality areas.
- 2016: 93.1%
- 2021: 100.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Coral Bank, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Coral Bank, 3 bedrooms is the majority at 56%; 4 bedrooms is next at 31%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Coral Bank
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Coral Bank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20637/coral-bank/topic/housing-dwellings