$200 ▲ +150.0%
Lower than 75% of suburb / locality areas.
- 2011: $80
- 2016: $260
- 2021: $200
Median weekly rent paid by households renting their home.
Fernbank · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Low costs and large detached houses define daily life in Fernbank. The area is dominated by spacious homes, with typical weekly rents at just $200, which is far below the figures for Victoria and Australia.
All suburb / locality areas, 2021. The marker is Fernbank — lower than 75% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments are $1,222, which is well below the national figure of $1,863. Renting is also much cheaper here, with typical weekly rents far below the $375 Australian average.
$200 ▲ +150.0%
Lower than 75% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,222 ▲ +1.8%
Lower than 75% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Fernbank, the largest group is Under $1,000 at 47%, followed by $1,800–$2,999 (28%) and $1,000–$1,799 (25%).
How homes are owned or rented.
Home ownership is very high, with 47.1% of homes owned outright, far above the 31% national average. Only 10% of households rent, which is far below the figures for both Victoria and Australia.
10.0% ▼ -17.1%
Lower than 73% of suburb / locality areas.
Share of occupied private dwellings that are rented.
47.1% ▼ -2.2%
Higher than 68% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Fernbank splits fairly evenly between Owned outright (46%) and Owned with a mortgage (44%), with Rented at 10%.
Houses, townhouses, apartments and bedrooms.
Almost every home is a separate house, with 98.6% of dwellings fitting this type. Most are large, as 87.1% have three or more bedrooms, meaning there are slightly more people per bedroom than in most other areas.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
98.6% ▲ +0.7%
Higher than 61% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
87.1% ▲ +8.0%
Higher than 71% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Fernbank, Separate house is the majority at 100%.
In Fernbank, 3 bedrooms is the majority at 54%; 4 bedrooms is next at 24%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Fernbank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20913/fernbank/topic/housing-dwellings