$650 —
Lower than 95% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Gre Gre · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly loan payments of just $650 make Gre Gre a place where housing costs are far lower than in most of the country. This affordability defines the local property market, offering a stark contrast to the much higher costs seen across Victoria and Australia.
Rents, mortgages and crowding.
The usual monthly home loan payment is $650, which is far below the Victorian figure of $1,859 and the national figure of $1,863. This is among the lowest levels seen in similar areas.
$650 —
Lower than 95% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Houses, townhouses, apartments and bedrooms.
Homes here tend to be less crowded, with 0.70 people per bedroom. This is a little below both the Victorian and national figures of 0.80.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Gre Gre [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21095/gre-gre/topic/housing-dwellings