$320 —
Higher than 63% of suburb / locality areas.
- 2016: $288
- 2021: $320
Median weekly rent paid by households renting their home.
Kennett River · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly mortgage payment of $1,387 makes Kennett River much more affordable for homeowners than most other areas. While mortgage costs are well below the national figure, rents remain higher than in many similar places. Most residents live in detached houses, with a high proportion owning their homes outright.
All suburb / locality areas, 2021. The marker is Kennett River — higher than 63% of areas.
Rents, mortgages and crowding.
The usual monthly home loan is $1,387, which is well below the Victorian average of $1,859. In contrast, weekly rent is $320, a figure that is higher than in most similar areas.
$320 —
Higher than 63% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,387 —
Lower than 66% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Kennett River, $200–$349 is the majority at 57%; $350–$549 is next at 43%.
In Kennett River, $1,000–$1,799 is the majority at 100%.
How homes are owned or rented.
Owning a home outright is common here, with 35.7% of residents doing so, which is well above the national figure of 31%. Meanwhile, only 14.3% of households rent, a rate far below both the state and national averages.
14.3% —
Lower than 58% of suburb / locality areas.
Share of occupied private dwellings that are rented.
35.7% —
Lower than 65% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Kennett River, the largest group is Owned outright at 48%, followed by Owned with a mortgage (33%) and Rented (19%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 78.6% of the market, which is well above the Victorian average. However, the area has fewer large homes than most, with only 64.3% having three or more bedrooms.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
78.6% —
Lower than 82% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
64.3% —
Lower than 81% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Kennett River, Separate house is the majority at 88%; Other dwelling is next at 12%.
In Kennett River, 3 bedrooms is the majority at 67%; 4 bedrooms is next at 19%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Kennett River [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21325/kennett-river/topic/housing-dwellings