$2,663 —
Higher than 89% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Karabeal · Suburb / Locality
Housing & Dwellings in Karabeal
Where and how people live — the homes, how they are held, and what they cost.
High mortgage repayments define the housing landscape in Karabeal, where the typical monthly loan payment is $2,663. This figure is well above the Victorian and national averages, creating a distinct financial environment for local homeowners.
Housing costs
Rents, mortgages and crowding.
Monthly home-loan payments are among the highest for similar areas at $2,663. This is well above the $1,859 paid typically in Victoria and $800 more than the national figure.
Owning & renting
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 56%, ahead of Owned with a mortgage (44%).
How homes are owned or rented
View on map →In Karabeal, Owned outright is the majority at 56%; Owned with a mortgage is next at 44%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes here are less crowded than most areas, with only 0.60 people per bedroom. This is well below the figure for both Victoria and Australia, which sit at 0.80.
0.60 —
Lower than 93% of suburb / locality areas.
- 2016: 0.60
- 2021: 0.60
Average number of usual residents per bedroom — a crowding measure.
Types of homes
View on map →In Karabeal, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Karabeal, 3 bedrooms is the majority at 100%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Karabeal
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Karabeal [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21299/karabeal/topic/housing-dwellings