Korobeit · Suburb / Locality

Housing & Dwellings in Korobeit

Where and how people live — the homes, how they are held, and what they cost.

Much higher housing costs than most similar areas define Korobeit, where the typical monthly mortgage payment is $2,409. This is a small community of exclusively separate houses, with a strong lean toward home ownership over renting.

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📍 Korobeit, Suburb / Locality

Where Korobeit sits — Median rent (weekly)

$378 ▲ +152.0%
  • $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 Korobeit — higher than 77% of areas.

Median rent (weekly) compared with the state and national average
Korobeit$378
3341, VIC $360
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical monthly home loan payment is $2,409, which is well above the Victorian figure of $1,859. Weekly rents are also much higher than in most similar areas, though they sit at $378, which is about the same as the national figure.

$378 ▲ +152.0%

Higher than 77% of suburb / locality areas.

  • 2011: $150
  • 2021: $378

Median weekly rent paid by households renting their home.

$2,409 ▲ +2.3%

Higher than 87% of suburb / locality areas.

  • 2011: $2,354
  • 2016: $1,300
  • 2021: $2,409

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Korobeit, $350–$549 is the majority at 100%.

Monthly mortgage distribution

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In Korobeit, $3,000 or more is the majority at 57%; $1,800–$2,999 is next at 43%.

Owning & renting

How homes are owned or rented.

Home ownership is common here, with 37.0% of homes owned outright, a figure well above the Australian average of 31.0%. Meanwhile, only 14.8% of households rent, which is far below the national rate of 30.6%.

14.8% ▲ +22.2%

Lower than 56% of suburb / locality areas.

  • 2011: 12.1%
  • 2016: 0.0%
  • 2021: 14.8%

Share of occupied private dwellings that are rented.

37.0% ▼ -12.7%

Lower than 62% of suburb / locality areas.

  • 2011: 42.4%
  • 2016: 42.3%
  • 2021: 37.0%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Korobeit, the largest group is Owned outright at 48%, followed by Owned with a mortgage (33%) and Rented (19%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Every single home in Korobeit is a separate house, far above the Victorian average of 73.4%. Most of these are large, with 81.5% having three or more bedrooms, though there are fewer people per bedroom (0.70) than in most other areas.

0.70 ▼ -36.4%

Lower than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

100.0% → 0.0%

Higher than 99% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 100.0%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

81.5% ▲ +5.2%

Higher than 55% of suburb / locality areas.

  • 2011: 77.4%
  • 2016: 76.9%
  • 2021: 81.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Korobeit, Separate house is the majority at 100%.

Bedrooms per home

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In Korobeit, the largest group is 4 bedrooms at 50%, followed by 3 bedrooms (36%) and 5 or more (14%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Korobeit

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Korobeit [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21395/korobeit/topic/housing-dwellings