Fernbank · Suburb / Locality

Housing & Dwellings in Fernbank

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.

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📍 Fernbank, Suburb / Locality

Where Fernbank sits — Median rent (weekly)

$200 ▲ +150.0%
  • $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 Fernbank — lower than 75% of areas.

Median rent (weekly) compared with the state and national average
Fernbank$200
3864, VIC $190
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $80
  • 2016: $260
  • 2021: $200

Median weekly rent paid by households renting their home.

$1,222 ▲ +1.8%

Lower than 75% of suburb / locality areas.

  • 2011: $1,200
  • 2016: $1,300
  • 2021: $1,222

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

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In Fernbank, the largest group is Under $1,000 at 47%, followed by $1,800–$2,999 (28%) and $1,000–$1,799 (25%).

Owning & renting

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.

  • 2011: 12.1%
  • 2016: 16.1%
  • 2021: 10.0%

Share of occupied private dwellings that are rented.

47.1% ▼ -2.2%

Higher than 68% of suburb / locality areas.

  • 2011: 48.2%
  • 2016: 37.5%
  • 2021: 47.1%

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

How homes are owned or rented

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Fernbank splits fairly evenly between Owned outright (46%) and Owned with a mortgage (44%), with Rented at 10%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.90

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

98.6% ▲ +0.7%

Higher than 61% of suburb / locality areas.

  • 2011: 97.9%
  • 2016: 100.0%
  • 2021: 98.6%

Share of occupied private dwellings that are separate houses.

87.1% ▲ +8.0%

Higher than 71% of suburb / locality areas.

  • 2011: 80.7%
  • 2016: 73.2%
  • 2021: 87.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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

Bedrooms per home

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In Fernbank, 3 bedrooms is the majority at 54%; 4 bedrooms is next at 24%.

Sources

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

More for Fernbank

Cite this page

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