Korumburra · Suburb / Locality

Housing & Dwellings in Korumburra

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

Lower housing costs than most similar areas make Korumburra an affordable place to live. The typical monthly mortgage payment is $1,300, which is well below the national figure. This affordability is paired with a high rate of home ownership and a strong preference for large, detached houses.

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📍 Korumburra, Suburb / Locality

Where Korumburra sits — Median rent (weekly)

$270 ▲ +44.4%
  • $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 Korumburra — lower than 53% of areas.

Median rent (weekly) compared with the state and national average
Korumburra$270
3950, VIC $270
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Rents and mortgages are both well below the state and national figures, with typical weekly rent at $270 and typical monthly mortgage payments at $1,300. Most renters pay between $200 and $349 per week.

$270 ▲ +44.4%

Lower than 53% of suburb / locality areas.

  • 2011: $187
  • 2016: $220
  • 2021: $270

Median weekly rent paid by households renting their home.

$1,300 ▼ -1.7%

Lower than 71% of suburb / locality areas.

  • 2011: $1,322
  • 2016: $1,250
  • 2021: $1,300

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Korumburra, $200–$349 is the majority at 58%; Under $200 is next at 22%.

Monthly mortgage distribution

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In Korumburra, the largest group is $1,000–$1,799 at 44%, followed by Under $1,000 (30%) and $1,800–$2,999 (22%).

Owning & renting

How homes are owned or rented.

Home ownership is high, with 42.0% of homes owned outright, which is far above the Australian average. Meanwhile, the share of households renting is 19.3%, well below the Victorian figure.

19.3% ▼ -7.2%

Higher than 58% of suburb / locality areas.

  • 2011: 20.8%
  • 2016: 23.3%
  • 2021: 19.3%

Share of occupied private dwellings that are rented.

42.0% ▲ +5.3%

Higher than 52% of suburb / locality areas.

  • 2011: 39.9%
  • 2016: 38.4%
  • 2021: 42.0%

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

How homes are owned or rented

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In Korumburra, the largest group is Owned outright at 42%, followed by Owned with a mortgage (35%) and Rented (19%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Detached houses make up 90.8% of all homes, far above the national average of 72.3%. Most of these are large, with 79.5% having three or more bedrooms, though there are slightly fewer people per bedroom 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.

90.8% ▼ 0.0%

Lower than 66% of suburb / locality areas.

  • 2011: 90.8%
  • 2016: 91.7%
  • 2021: 90.8%

Share of occupied private dwellings that are separate houses.

79.5% ▲ +1.8%

Higher than 50% of suburb / locality areas.

  • 2011: 78.1%
  • 2016: 78.1%
  • 2021: 79.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Korumburra, Separate house is the majority at 91%; Townhouse / semi-detached is next at 8%.

Bedrooms per home

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In Korumburra, 3 bedrooms is the majority at 51%; 4 bedrooms is next at 26%.

Sources

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

More for Korumburra

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Korumburra [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21399/korumburra/topic/housing-dwellings