$150 —
Lower than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Hotspur · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly home-loan payments are just $550 in Hotspur, making it a remarkably affordable place to live. This low cost of housing is a standout feature of the area, with both mortgage and rent prices sitting far below state and national figures.
All suburb / locality areas, 2021. The marker is Hotspur — lower than 86% of areas.
Rents, mortgages and crowding.
The typical weekly rent is $150, which is far below the Victorian figure of $370 and the national figure of $375. This affordability extends to mortgages, where the usual monthly payment is $550, much lower than the $1,863 typical across Australia.
$150 —
Lower than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$550 —
Lower than 97% 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 35%, ahead of Owned with a mortgage (29%).
In Hotspur, the largest group is Owned outright at 43%, followed by Owned with a mortgage (36%) and Rented (21%).
Houses, townhouses, apartments and bedrooms.
Homes here tend to be less crowded than in most areas. With only 0.70 people per bedroom, the figure is a little below both the Victorian and national average of 0.80.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Hotspur, Separate house is the majority at 100%.
In Hotspur, 3 bedrooms is the majority at 70%; 1 bedroom is next at 30%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Hotspur [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21208/hotspur/topic/housing-dwellings