$323 —
Higher than 64% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Homewood · Suburb / Locality
Housing & Dwellings in Homewood
Where and how people live — the homes, how they are held, and what they cost.
Every single home in Homewood is a separate house, making it a strictly detached residential area. The housing market is dominated by owner-occupiers, with a significant portion of the population owning their homes outright.
$323
—
- $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 Homewood — higher than 64% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly home loan payments are $2,084, which is much higher than most areas and a little above the national figure. Weekly rents are higher than most areas, though they remain a little below the typical price in Victoria and Australia at $323.
$2,084 —
Higher than 76% of suburb / locality areas.
- 2016: $1,300
- 2021: $2,084
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Homewood, Under $1,000 is the majority at 100%.
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 45.8% of people owning their home outright, far above the state and national figures. This is reflected in the fact that no households in the area are renting.
0.0% —
Lower than 99% of suburb / locality areas.
- 2016: 0.0%
- 2021: 0.0%
Share of occupied private dwellings that are rented.
45.8% —
Higher than 64% of suburb / locality areas.
- 2016: 72.7%
- 2021: 45.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Homewood, Owned outright is the majority at 52%; Owned with a mortgage is next at 48%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes in Homewood tend to be smaller than in other areas, with 54.2% having three or more bedrooms, far below the figures for Victoria and Australia. Despite this, rooms are not crowded, as there are only 0.70 people per bedroom.
0.70 —
Lower than 86% of suburb / locality areas.
- 2016: 0.50
- 2021: 0.70
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.
54.2% —
Lower than 89% of suburb / locality areas.
- 2016: 95.5%
- 2021: 54.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Homewood, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Homewood, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (29%) and 2 bedrooms (24%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Homewood
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Homewood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21200/homewood/topic/housing-dwellings