$320 —
Higher than 63% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Heathcote South · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments of just $1,109 make Heathcote South much more affordable than most areas. While home loans are far cheaper than the national figure, rental prices are actually higher than in most similar places. This creates a distinct split between those who own their homes and those renting.
All suburb / locality areas, 2021. The marker is Heathcote South — higher than 63% of areas.
Rents, mortgages and crowding.
The typical monthly home loan is far below the Victorian average by $750. In contrast, weekly rent is $320, which is higher than most similar areas despite being a little below the state and national figures.
$320 —
Higher than 63% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,109 —
Lower than 80% 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 63%, ahead of Owned with a mortgage (38%).
In Heathcote South, Owned outright is the majority at 63%; Owned with a mortgage is next at 38%.
Houses, townhouses, apartments and bedrooms.
Homes here are less crowded than in most areas, with only 0.70 people per bedroom. This is a little below the typical figure for both Victoria and Australia.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Heathcote South, Separate house is the majority at 100%.
In Heathcote South, 3 bedrooms is the majority at 64%; 2 bedrooms is next at 36%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Heathcote South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21162/heathcote-south/topic/housing-dwellings