Markwood · Suburb / Locality

Housing & Dwellings in Markwood

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

One hundred percent of homes in Markwood are separate houses, making it a place entirely made up of detached dwellings. This layout is matched by very low housing costs and a high number of people who own their homes outright.

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📍 Markwood, Suburb / Locality

Where Markwood sits — Median rent (weekly)

$230 ▲ +53.3%
  • $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 Markwood — lower than 66% of areas.

Median rent (weekly) compared with the state and national average
Markwood$230
3678, VIC $250
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are $1,200, which is well below the Victorian figure of $1,859. Weekly rents are also low, sitting at $230, far below the national average of $375.

$230 ▲ +53.3%

Lower than 66% of suburb / locality areas.

  • 2011: $150
  • 2016: $150
  • 2021: $230

Median weekly rent paid by households renting their home.

$1,200 ▲ +38.4%

Lower than 76% of suburb / locality areas.

  • 2011: $867
  • 2016: $1,178
  • 2021: $1,200

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Markwood, Under $200 is the majority at 60%; $200–$349 is next at 40%.

Monthly mortgage distribution

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In Markwood, Under $1,000 is the majority at 56%; $1,000–$1,799 is next at 26%.

Owning & renting

How homes are owned or rented.

Nearly half of all homes (49.5%) are owned outright, which is far above the national figure of 31%. Only 10.3% of households rent, a rate far below that of Victoria and Australia.

10.3% ▼ -46.6%

Lower than 72% of suburb / locality areas.

  • 2011: 19.3%
  • 2016: 21.3%
  • 2021: 10.3%

Share of occupied private dwellings that are rented.

49.5% ▲ +10.2%

Higher than 74% of suburb / locality areas.

  • 2011: 45.0%
  • 2016: 50.9%
  • 2021: 49.5%

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

How homes are owned or rented

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In Markwood, Owned outright is the majority at 52%; Owned with a mortgage is next at 27%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up every single home in the area, far above the 72.3% national average. While 74.8% of homes have three or more bedrooms, there are much fewer people per bedroom than in most other areas.

0.60 ▼ -40.0%

Lower than 93% of suburb / locality areas.

  • 2011: 1.00
  • 2016: 0.60
  • 2021: 0.60

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

100.0% ▲ +2.8%

Higher than 99% of suburb / locality areas.

  • 2011: 97.2%
  • 2016: 100.0%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

74.8% ▼ -10.4%

Lower than 62% of suburb / locality areas.

  • 2011: 83.5%
  • 2016: 84.3%
  • 2021: 74.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Markwood, Separate house is the majority at 100%.

Bedrooms per home

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In Markwood, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (29%) and 2 bedrooms (16%).

Sources

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

More for Markwood

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Markwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21606/markwood/topic/housing-dwellings