$2,550 —
Higher than 88% of suburb / locality areas.
- 2016: $2,000
- 2021: $2,550
Median monthly mortgage repayment for households with a mortgage.
Kooroocheang · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly mortgage payment of $2,550 makes Kooroocheang far more expensive than most similar areas. This is well above the national figure and the Victorian average, marking a significant gap in housing costs for the area.
Rents, mortgages and crowding.
Typical monthly home-loan payments are $2,550, which is well above the $1,859 seen across Victoria and the $1,863 national figure.
$2,550 —
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned with a mortgage at 36%, ahead of Owned outright (27%).
In Kooroocheang, Owned with a mortgage is the majority at 57%; Owned outright is next at 43%.
Houses, townhouses, apartments and bedrooms.
There are 0.80 people per bedroom in Kooroocheang. This is higher than most similar areas, though it is about the same as the Victorian and Australian figures.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Kooroocheang, Separate house is the majority at 100%.
In Kooroocheang, 3 bedrooms is the majority at 67%; 4 bedrooms is next at 33%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Kooroocheang [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21390/kooroocheang/topic/housing-dwellings