Lima South · Suburb / Locality

Housing & Dwellings in Lima South

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

A strong preference for home ownership shapes daily life in Lima South, where 42% of homes are owned outright. This stability is paired with a landscape dominated by large detached houses. It is a place where very few people rent and most residents have a permanent stake in their properties.

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📍 Lima South, Suburb / Locality

Where Lima South sits — Median rent (weekly)

$300
  • $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 Lima South — higher than 57% of areas.

Median rent (weekly) compared with the state and national average
Lima South$300
3673, VIC $200
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are $300, which is well below the national figure of $375. Meanwhile, the typical monthly home loan payment is $1,882, which is higher than most areas and about the same as the state average.

$300

Higher than 57% of suburb / locality areas.

  • 2016: $263
  • 2021: $300

Median weekly rent paid by households renting their home.

$1,882

Higher than 65% of suburb / locality areas.

  • 2016: $1,083
  • 2021: $1,882

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

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In Lima South, the largest group is $1,800–$2,999 at 35%, followed by Under $1,000 (24%) and $1,000–$1,799 (24%).

Owning & renting

How homes are owned or rented.

Renting is rare here, with only 6% of households renting, a figure far below the national average of 30.6%. Instead, 42% of homes are owned outright, which is far above the Australian figure of 31%.

6.0%

Lower than 86% of suburb / locality areas.

  • 2016: 11.4%
  • 2021: 6.0%

Share of occupied private dwellings that are rented.

42.0%

Higher than 52% of suburb / locality areas.

  • 2016: 31.4%
  • 2021: 42.0%

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

How homes are owned or rented

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In Lima South, the largest group is Owned outright at 49%, followed by Owned with a mortgage (35%) and Other tenure (9%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 90% of the local housing stock, far above the national figure of 72.3%. These homes are used efficiently, with 0.90 people per bedroom, which is much higher than most areas.

0.90

Higher than 86% of suburb / locality areas.

  • 2016: 0.80
  • 2021: 0.90

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

90.0%

Lower than 68% of suburb / locality areas.

  • 2016: 88.6%
  • 2021: 90.0%

Share of occupied private dwellings that are separate houses.

74.0%

Lower than 64% of suburb / locality areas.

  • 2016: 48.6%
  • 2021: 74.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Lima South, Separate house is the majority at 94%; Other dwelling is next at 6%.

Bedrooms per home

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In Lima South, the largest group is 3 bedrooms at 46%, followed by 4 bedrooms (22%) and 5 or more (13%).

Sources

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

More for Lima South

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Lima South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21507/lima-south/topic/housing-dwellings