$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.
Markwood · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Markwood — lower than 66% of areas.
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.
Median weekly rent paid by households renting their home.
$1,200 ▲ +38.4%
Lower than 76% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Markwood, Under $200 is the majority at 60%; $200–$349 is next at 40%.
In Markwood, Under $1,000 is the majority at 56%; $1,000–$1,799 is next at 26%.
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.
Share of occupied private dwellings that are rented.
49.5% ▲ +10.2%
Higher than 74% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Markwood, Owned outright is the majority at 52%; Owned with a mortgage is next at 27%.
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.
Average number of usual residents per bedroom — a crowding measure.
100.0% ▲ +2.8%
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
74.8% ▼ -10.4%
Lower than 62% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Markwood, Separate house is the majority at 100%.
In Markwood, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (29%) and 2 bedrooms (16%).
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