Iona · Suburb / Locality

Housing & Dwellings in Iona

Where and how people live — the homes, how they are held, and what they cost.

Every single home in Iona is a separate house, making it one of the most consistently detached residential areas in the region. This preference for larger properties is reflected in the housing costs, where typical mortgage payments are much higher than in most other areas.

Open map →
📍 Iona, Suburb / Locality

Where Iona sits — Median rent (weekly)

$250 ▲ +145.1%
  • $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 Iona — lower than 60% of areas.

Median rent (weekly) compared with the state and national average
Iona$250
3815, VIC $311
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical monthly mortgage payment is $2,140, which is a little above the Victorian figure of $1,859. In contrast, weekly rent is well below the national figure, sitting at $250.

$250 ▲ +145.1%

Lower than 60% of suburb / locality areas.

  • 2011: $102
  • 2016: $46
  • 2021: $250

Median weekly rent paid by households renting their home.

$2,140 ▲ +20.4%

Higher than 78% of suburb / locality areas.

  • 2011: $1,777
  • 2016: $1,733
  • 2021: $2,140

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

View on map →

In Iona, the largest group is $1,800–$2,999 at 43%, followed by $1,000–$1,799 (33%) and $3,000 or more (25%).

Owning & renting

How homes are owned or rented.

Very few people rent here, with only 3.8% of households renting—a figure far below the national average. About 51.9% of homes are owned with a mortgage, while 34.2% are owned outright.

3.8% ▼ -79.3%

Lower than 91% of suburb / locality areas.

  • 2011: 18.3%
  • 2016: 13.0%
  • 2021: 3.8%

Share of occupied private dwellings that are rented.

34.2% ▼ -8.9%

Lower than 69% of suburb / locality areas.

  • 2011: 37.5%
  • 2016: 36.4%
  • 2021: 34.2%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

View on map →

In Iona, Owned with a mortgage is the majority at 55%; Owned outright is next at 36%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Large family homes are common, as 81% of dwellings have three or more bedrooms. This is well above the state figure of 74.1%, and there are typically 0.8 people per bedroom.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

100.0% → 0.0%

Higher than 99% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 100.0%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

81.0% ▼ -4.5%

Higher than 54% of suburb / locality areas.

  • 2011: 84.9%
  • 2016: 92.2%
  • 2021: 81.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

View on map →

In Iona, Separate house is the majority at 100%.

Bedrooms per home

View on map →

Iona splits fairly evenly between 3 bedrooms (38%) and 4 bedrooms (38%), with 5 or more at 14%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Iona

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Iona [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21238/iona/topic/housing-dwellings