Eldorado · Suburb / Locality

Housing & Dwellings in Eldorado

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

Much lower housing costs set Eldorado apart from the rest of the state and the nation. The typical weekly rent is just $225, which is far below the national figure. This affordability is matched by a high rate of home ownership, with many residents owning their homes outright.

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📍 Eldorado, Suburb / Locality

Where Eldorado sits — Median rent (weekly)

$225 ▲ +21.6%
  • $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 Eldorado — lower than 68% of areas.

Median rent (weekly) compared with the state and national average
Eldorado$225
3746, VIC $225
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly home-loan payments are $1,300, which is well below the $1,863 national figure. Rents are also very affordable, sitting far below both the Victorian and Australian averages.

$225 ▲ +21.6%

Lower than 68% of suburb / locality areas.

  • 2011: $185
  • 2016: $150
  • 2021: $225

Median weekly rent paid by households renting their home.

$1,300 ▲ +37.0%

Lower than 71% of suburb / locality areas.

  • 2011: $949
  • 2016: $1,300
  • 2021: $1,300

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Eldorado, $200–$349 is the majority at 100%.

Monthly mortgage distribution

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Eldorado splits fairly evenly between Under $1,000 (38%) and $1,000–$1,799 (38%), with $3,000 or more at 14%.

Owning & renting

How homes are owned or rented.

Home ownership is common here, with 44.5% of homes owned outright, a figure far above the national average. In contrast, only 11% of households rent, which is far below the 30.6% seen across Australia.

11.0% ▼ -0.3%

Lower than 70% of suburb / locality areas.

  • 2011: 11.0%
  • 2016: 9.6%
  • 2021: 11.0%

Share of occupied private dwellings that are rented.

44.5% ▼ -5.3%

Higher than 60% of suburb / locality areas.

  • 2011: 47.0%
  • 2016: 48.6%
  • 2021: 44.5%

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

How homes are owned or rented

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Eldorado splits fairly evenly between Owned outright (43%) and Owned with a mortgage (43%), with Rented at 11%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 96.1% of the local housing stock, far above the national figure of 72.3%. While these homes are almost all detached, 71% have three or more bedrooms, which is well below the state average.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

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

96.1% ▲ +2.3%

Lower than 51% of suburb / locality areas.

  • 2011: 94.0%
  • 2016: 96.6%
  • 2021: 96.1%

Share of occupied private dwellings that are separate houses.

71.0% ▼ -0.6%

Lower than 71% of suburb / locality areas.

  • 2011: 71.4%
  • 2016: 70.5%
  • 2021: 71.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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

Bedrooms per home

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In Eldorado, the largest group is 3 bedrooms at 46%, followed by 2 bedrooms (25%) and 4 bedrooms (23%).

Sources

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

More for Eldorado

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Eldorado [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20852/eldorado/topic/housing-dwellings