$218 —
Lower than 70% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Happy Valley · Suburb / Locality
Housing & Dwellings in Happy Valley
Where and how people live — the homes, how they are held, and what they cost.
Every single home in Happy Valley is a separate house, making it one of the most consistent areas for this housing type. While the typical monthly mortgage payment is $1,900, the area is defined by a very high proportion of people who own their homes outright.
$218
—
- $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 Happy Valley — lower than 70% of areas.
Housing costs
Rents, mortgages and crowding.
Weekly rent is just $218, which is far below both the Victorian and national figures. This contrast is sharp, as typical monthly mortgage payments of $1,900 are about the same as the rest of the country.
$1,900 —
Higher than 66% of suburb / locality areas.
- 2016: $1,791
- 2021: $1,900
Median monthly mortgage repayment for households with a mortgage.
Owning & renting
How homes are owned or rented.
Home ownership is strong here, with 42.9% of homes owned outright—a figure far above the national average. Conversely, only 19.0% of households rent, which is well below the Victorian and Australian levels.
19.0% —
Higher than 57% of suburb / locality areas.
- 2016: 31.8%
- 2021: 19.0%
Share of occupied private dwellings that are rented.
42.9% —
Higher than 55% of suburb / locality areas.
- 2016: 68.2%
- 2021: 42.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Happy Valley, Owned outright is the majority at 53%; Owned with a mortgage is next at 24%.
Types of homes
Houses, townhouses, apartments and bedrooms.
While 100% of homes are detached houses, they are smaller than usual, with 66.7% having three or more bedrooms. This is well below the national figure, although there are 0.80 people per bedroom, which is about the same as across Australia.
0.80 —
Lower than 57% of suburb / locality areas.
- 2016: 0.70
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
- 2016: 100.0%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
66.7% —
Lower than 78% of suburb / locality areas.
- 2016: 100.0%
- 2021: 66.7%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Happy Valley, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Happy Valley, 4 bedrooms is the majority at 61%; 1 bedroom is next at 22%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Happy Valley
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Happy Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21136/happy-valley/topic/housing-dwellings