$415 ▲ +18.6%
Higher than 85% of suburb / locality areas.
- 2011: $350
- 2016: $390
- 2021: $415
Median weekly rent paid by households renting their home.
Elwood · Suburb / Locality
Housing & Dwellings in Elwood
Where and how people live — the homes, how they are held, and what they cost.
Over half of all households in Elwood rent their homes, a figure far above the Victorian and national averages. This is a high-cost area where both mortgage payments and rents sit above the state and national figures. The housing landscape is dominated by smaller properties, with flats and apartments making up the vast majority of dwellings.
$415
▲ +18.6%
- $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 Elwood — higher than 85% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $415 and monthly mortgage payments are $2,300, both of which are much higher than most areas. These figures sit a little above the Victorian and national averages.
$2,300 ▲ +4.5%
Higher than 86% of suburb / locality areas.
- 2011: $2,200
- 2016: $2,167
- 2021: $2,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Elwood, $350–$549 is the majority at 51%; $200–$349 is next at 25%.
Monthly mortgage distribution
View on map →Elwood splits fairly evenly between $3,000 or more (36%) and $1,800–$2,999 (33%), with $1,000–$1,799 at 21%.
Owning & renting
How homes are owned or rented.
Renting is very common here at 51.4%, which is far above the national figure of 30.6%. Conversely, homes owned outright make up only 20.8% of the total, which is far below the state and national averages.
51.4% ▼ -7.1%
Higher than 93% of suburb / locality areas.
- 2011: 55.3%
- 2016: 55.2%
- 2021: 51.4%
Share of occupied private dwellings that are rented.
20.8% ▲ +15.7%
Lower than 89% of suburb / locality areas.
- 2011: 18.0%
- 2016: 18.6%
- 2021: 20.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Elwood, Rented is the majority at 51%; Owned with a mortgage is next at 26%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Flats and apartments are the norm for 72.1% of homes, which helps explain why separate houses are far less common here than across Victoria. With only 28.3% of homes having three or more bedrooms, people per bedroom is a little above the national figure.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
- 2011: 1.10
- 2016: 1.00
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
14.2% ▼ -25.9%
Lower than 99% of suburb / locality areas.
- 2011: 19.2%
- 2016: 13.4%
- 2021: 14.2%
Share of occupied private dwellings that are separate houses.
28.3% ▲ +12.7%
Lower than 99% of suburb / locality areas.
- 2011: 25.1%
- 2016: 26.6%
- 2021: 28.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Elwood, Flat or apartment is the majority at 72%; Separate house is next at 14%.
Bedrooms per home
View on map →In Elwood, the largest group is 2 bedrooms at 50%, followed by 1 bedroom (21%) and 3 bedrooms (20%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Elwood
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Elwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20867/elwood/topic/housing-dwellings