$590 ▲ +38.8%
Higher than 99% of suburb / locality areas.
- 2011: $425
- 2016: $522
- 2021: $590
Median weekly rent paid by households renting their home.
Kooyong · Suburb / Locality
Housing & Dwellings in Kooyong
Where and how people live — the homes, how they are held, and what they cost.
Living costs in Kooyong have climbed sharply, with typical monthly mortgage payments now reaching $3,425. This area is far more expensive than the state and national figures, making it one of the costliest places to live. High property prices are reflected in both the steep rents and the high proportion of homes owned outright.
$590
▲ +38.8%
- $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 Kooyong — higher than 99% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are far above the national figure by $1,562. Renters also face high costs, with a typical weekly rent of $590, which is well above the Victorian average of $370.
$3,425 ▼ -2.1%
Higher than 96% of suburb / locality areas.
- 2011: $3,500
- 2016: $2,500
- 2021: $3,425
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →Kooyong splits fairly evenly between $750 or more (34%) and $350–$549 (33%), with $550–$749 at 29%.
Monthly mortgage distribution
View on map →In Kooyong, $3,000 or more is the majority at 68%; $1,800–$2,999 is next at 19%.
Owning & renting
How homes are owned or rented.
Home ownership is strong here, with 43.7% of homes owned outright, a figure far above the national average. This means fewer people rent compared to most other areas, with only 23.8% of households renting.
23.8% ▲ +14.1%
Higher than 69% of suburb / locality areas.
- 2011: 20.9%
- 2016: 21.5%
- 2021: 23.8%
Share of occupied private dwellings that are rented.
43.7% ▼ -8.3%
Higher than 58% of suburb / locality areas.
- 2011: 47.7%
- 2016: 44.0%
- 2021: 43.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Kooyong, the largest group is Owned outright at 43%, followed by Owned with a mortgage (30%) and Rented (23%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are far less common here than in the rest of Australia, making up only 43.7% of homes. Flats and apartments are much more frequent, accounting for 42.4% of all dwellings.
0.80 ▼ -20.0%
Lower than 57% of suburb / locality areas.
- 2011: 1.00
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
43.7% ▼ -15.9%
Lower than 94% of suburb / locality areas.
- 2011: 52.0%
- 2016: 43.3%
- 2021: 43.7%
Share of occupied private dwellings that are separate houses.
70.1% ▲ +4.6%
Lower than 73% of suburb / locality areas.
- 2011: 67.0%
- 2016: 64.2%
- 2021: 70.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →Kooyong splits fairly evenly between Separate house (44%) and Flat or apartment (42%), with Townhouse / semi-detached at 14%.
Bedrooms per home
View on map →In Kooyong, the largest group is 3 bedrooms at 34%, followed by 2 bedrooms (28%) and 4 bedrooms (27%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Kooyong
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Kooyong [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21393/kooyong/topic/housing-dwellings