$867 ▼ -22.0%
Lower than 89% of suburb / locality areas.
- 2011: $1,111
- 2021: $867
Median monthly mortgage repayment for households with a mortgage.
Genoa · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Far more people own their homes outright in Genoa than in the rest of the country, with 73.1% of residents owning their place without a mortgage. This high rate of ownership creates a local housing market that is significantly different from the state and national trends.
Rents, mortgages and crowding.
Monthly home-loan payments are typically $867, which is far below the Victorian figure of $1,859.
$867 ▼ -22.0%
Lower than 89% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
Renters are completely absent from the area, with 0.0% of households renting. This is far below the national figure of 30.6%.
0.0% ▼ -100.0%
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings that are rented.
73.1% ▲ +39.7%
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Genoa, Owned outright is the majority at 76%; Owned with a mortgage is next at 24%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 96.2% of all homes, far above the Australian average of 72.3%. However, homes with three or more bedrooms are well below the national figure at 65.4%.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
96.2% ▲ +0.8%
Lower than 51% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
65.4% ▲ +18.5%
Lower than 79% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Genoa, 3 bedrooms is the majority at 54%; 1 bedroom is next at 17%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Genoa [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20980/genoa/topic/housing-dwellings