$225 —
Lower than 68% of suburb / locality areas.
- 2016: $92
- 2021: $225
Median weekly rent paid by households renting their home.
Korumburra South · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Every single home in Korumburra South is a separate house, making it a place dominated by large family residences. These spacious properties mean that nearly 93% of homes have three or more bedrooms, providing a very different living experience compared to the state average.
All suburb / locality areas, 2021. The marker is Korumburra South — lower than 68% of areas.
Rents, mortgages and crowding.
Weekly rents are far below the Victorian and national figures, sitting at $225. However, the typical monthly home-loan payment is $1,842, which is higher than most areas and about the same as the state and national levels.
$225 —
Lower than 68% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,842 —
Higher than 63% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Korumburra South splits fairly evenly between $1,000–$1,799 (50%) and $1,800–$2,999 (50%).
How homes are owned or rented.
Owning a home outright is common here, with 40% of residents doing so, which is well above the national figure. Meanwhile, only 15% of households rent, a rate far below the 30.6% seen across Australia.
15.0% —
Lower than 55% of suburb / locality areas.
Share of occupied private dwellings that are rented.
40.0% —
Lower than 54% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Korumburra South splits fairly evenly between Owned with a mortgage (40%) and Owned outright (38%), with Rented at 14%.
Houses, townhouses, apartments and bedrooms.
Homes here are larger than usual, with 92.5% having three or more bedrooms and a typical density of 0.90 people per bedroom. This is a little above the national figure of 0.80.
0.90 —
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
92.5% —
Higher than 84% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Korumburra South, Separate house is the majority at 100%.
In Korumburra South, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (22%) and 5 or more (13%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Korumburra South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21400/korumburra-south/topic/housing-dwellings