$90 —
Lower than 96% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Gipsy Point · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Much higher home loan payments than most similar areas define the housing market in Gipsy Point. While typical mortgage costs are very high, the typical weekly rent is among the lowest across the region. This creates a sharp contrast between those who own their homes and those who rent.
All suburb / locality areas, 2021. The marker is Gipsy Point — lower than 96% of areas.
Rents, mortgages and crowding.
The typical monthly home loan payment is $2,500, which is well above the Victorian figure of $1,859. In contrast, typical weekly rent is far below the national average, sitting at just $90.
$90 —
Lower than 96% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,500 —
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 64%, ahead of Owned with a mortgage (0%).
In Gipsy Point, Owned outright is the majority at 100%.
Houses, townhouses, apartments and bedrooms.
Homes in Gipsy Point are more crowded than usual, with 0.90 people per bedroom. This is a little above the typical figures for both Victoria and Australia.
0.90 —
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Gipsy Point, Separate house is the majority at 100%.
In Gipsy Point, 1 bedroom is the majority at 54%; 3 bedrooms is next at 46%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Gipsy Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20998/gipsy-point/topic/housing-dwellings