$325 ▼ -35.0%
Higher than 64% of suburb / locality areas.
- 2011: $500
- 2016: $75
- 2021: $325
Median weekly rent paid by households renting their home.
King Valley · Suburb / Locality
Housing & Dwellings in King Valley
Where and how people live — the homes, how they are held, and what they cost.
A far lower typical mortgage payment of $1,148 marks the housing landscape in King Valley. The area is defined by large, detached family homes and a much lower proportion of renters compared to the rest of the state.
$325
▼ -35.0%
- $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 King Valley — higher than 64% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are far below the Victorian figure of $1,859. Meanwhile, weekly rents are higher than in most similar areas, though they remain a little below the national figure of $375.
$1,148 ▲ +2.0%
Lower than 79% of suburb / locality areas.
- 2011: $1,125
- 2016: $2,034
- 2021: $1,148
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →King Valley splits fairly evenly between $1,000–$1,799 (36%) and $1,800–$2,999 (36%), with $3,000 or more at 27%.
Owning & renting
How homes are owned or rented.
Renting is far less common here than across Australia, with only 17.1% of households renting. Most residents own their homes, with 42.9% holding a mortgage and 31.4% owning their property outright.
17.1% ▲ +58.6%
Higher than 51% of suburb / locality areas.
- 2011: 10.8%
- 2016: 14.6%
- 2021: 17.1%
Share of occupied private dwellings that are rented.
31.4% ▼ -37.7%
Lower than 75% of suburb / locality areas.
- 2011: 50.5%
- 2016: 48.8%
- 2021: 31.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In King Valley, the largest group is Owned with a mortgage at 47%, followed by Owned outright (34%) and Rented (19%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Every single home in King Valley is a separate house, which is far above the national figure. These homes are typically large, with 82.9% having three or more bedrooms.
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% ▲ +5.7%
Higher than 99% of suburb / locality areas.
- 2011: 94.6%
- 2016: 92.7%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
82.9% ▲ +4.8%
Higher than 59% of suburb / locality areas.
- 2011: 79.1%
- 2016: 80.5%
- 2021: 82.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In King Valley, Separate house is the majority at 100%.
Bedrooms per home
View on map →In King Valley, 3 bedrooms is the majority at 56%; 4 bedrooms is next at 34%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for King Valley
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in King Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21357/king-valley/topic/housing-dwellings