$198 —
Lower than 75% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Iguana Creek · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define Iguana Creek, where the typical monthly mortgage is $1,427. It is a place where people predominantly live in their own homes, and the costs of both buying and renting are well below state and national levels.
All suburb / locality areas, 2021. The marker is Iguana Creek — lower than 75% of areas.
Rents, mortgages and crowding.
Weekly rent is far below the national figure, typically costing just $198. Monthly home-loan payments are also well below the Victorian average, coming in at $1,427.
$198 —
Lower than 75% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,427 —
Lower than 63% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Iguana Creek, $1,000–$1,799 is the majority at 100%.
How homes are owned or rented.
Far more people own their homes outright here than in the rest of Victoria, with 44% owning their place fully. Only 12% of households rent, which is far below the national figure of 30.6%.
12.0% —
Lower than 66% of suburb / locality areas.
Share of occupied private dwellings that are rented.
44.0% —
Higher than 58% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Iguana Creek, Owned outright is the majority at 52%; Owned with a mortgage is next at 33%.
Houses, townhouses, apartments and bedrooms.
Every single home in Iguana Creek is a separate detached house, a figure far above the national average. Most homes have two or three bedrooms, though the number of people per bedroom is a little below the Victorian average.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
72.0% —
Lower than 69% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Iguana Creek, Separate house is the majority at 100%.
Iguana Creek splits fairly evenly between 3 bedrooms (37%) and 2 bedrooms (33%), with 4 bedrooms at 30%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Iguana Creek [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21225/iguana-creek/topic/housing-dwellings