$160 —
Lower than 84% of suburb / locality areas.
- 2016: $125
- 2021: $160
Median weekly rent paid by households renting their home.
Koroop · Suburb / Locality
Housing & Dwellings in Koroop
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly mortgage payment of just $28 makes Koroop one of the most affordable places to live in the region. Housing costs here are far below the state and national figures, making it an exceptionally low-cost area for both homeowners and renters.
$160
—
- $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 Koroop — lower than 84% of areas.
Housing costs
Rents, mortgages and crowding.
Weekly rents are much lower than most areas at $160, which is far below the Victorian figure of $370. This trend extends to mortgages, where the typical monthly payment is a tiny $28, far below the Australian average of $1,863.
$28 —
Lower than 99% of suburb / locality areas.
- 2016: $802
- 2021: $28
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Koroop, Under $200 is the majority at 100%.
Monthly mortgage distribution
View on map →In Koroop, Under $1,000 is the majority at 100%.
Owning & renting
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 82%, ahead of Owned with a mortgage (24%).
How homes are owned or rented
View on map →In Koroop, Owned outright is the majority at 64%; Owned with a mortgage is next at 18%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes in Koroop are generally less crowded than in other areas. There are 0.70 people per bedroom, which is a little below the national figure of 0.80.
0.70 —
Lower than 86% of suburb / locality areas.
- 2016: 0.60
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
Bedrooms per home
View on map →Koroop splits fairly evenly between 3 bedrooms (40%) and 4 bedrooms (37%), with 5 or more at 13%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Koroop
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Koroop [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21398/koroop/topic/housing-dwellings