$206 —
Lower than 73% of suburb / locality areas.
- 2016: $195
- 2021: $206
Median weekly rent paid by households renting their home.
Macs Cove · Suburb / Locality
Housing & Dwellings in Macs Cove
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs make Macs Cove a very affordable place to live. Half of all homes here are owned outright, which is far above the national figure and helps keep the typical monthly mortgage payment well below the Victorian average.
$206
—
- $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 Macs Cove — lower than 73% of areas.
Housing costs
Rents, mortgages and crowding.
The typical monthly home loan payment is $1,300, which is well below the $1,859 seen across Victoria. Weekly rents are also far below the national figure, sitting at just $206.
$1,300 —
Lower than 71% of suburb / locality areas.
- 2016: $871
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Macs Cove, $1,000–$1,799 is the majority at 62%; Under $1,000 is next at 38%.
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 50% of homes owned outright, far above the 31% national average. Only 8.3% of households rent, which is much lower than most other areas.
8.3% —
Lower than 79% of suburb / locality areas.
- 2016: 28.9%
- 2021: 8.3%
Share of occupied private dwellings that are rented.
50.0% —
Higher than 75% of suburb / locality areas.
- 2016: 39.5%
- 2021: 50.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Macs Cove, Owned outright is the majority at 55%; Owned with a mortgage is next at 27%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 91.7% of the area, far above the state average. These homes tend to be less crowded, with just 0.6 people per bedroom, well below the national figure of 0.8.
0.60 —
Lower than 93% of suburb / locality areas.
- 2016: 0.60
- 2021: 0.60
Average number of usual residents per bedroom — a crowding measure.
91.7% —
Lower than 64% of suburb / locality areas.
- 2016: 100.0%
- 2021: 91.7%
Share of occupied private dwellings that are separate houses.
58.3% —
Lower than 87% of suburb / locality areas.
- 2016: 71.1%
- 2021: 58.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Macs Cove, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Macs Cove, the largest group is 3 bedrooms at 49%, followed by 2 bedrooms (26%) and 4 bedrooms (26%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Macs Cove
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Macs Cove [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21567/macs-cove/topic/housing-dwellings