$200 —
Lower than 75% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Mead · Suburb / Locality
Housing & Dwellings in Mead
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly home loan payment of just $684 makes Mead an exceptionally affordable place to live. This area is defined by very low housing costs and a high number of people who own their homes outright. Most residents live in detached houses, and no one in the community is currently renting.
$200
—
- $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 Mead — lower than 75% of areas.
Housing costs
Rents, mortgages and crowding.
Weekly rent is far below the national figure, sitting at $200. Similarly, the usual monthly mortgage payment is $684, which is far lower than the Victorian average of $1,859.
$684 ▼ -36.8%
Lower than 94% of suburb / locality areas.
- 2011: $1,083
- 2016: $1,150
- 2021: $684
Median monthly mortgage repayment for households with a mortgage.
Owning & renting
How homes are owned or rented.
Nearly half of all homes (48.6%) are owned outright, a figure far above the Australian average of 31.0%. This high rate of ownership is reflected in the fact that 0.0% of households are renting.
0.0% ▼ -100.0%
Lower than 99% of suburb / locality areas.
- 2011: 23.7%
- 2016: 29.4%
- 2021: 0.0%
Share of occupied private dwellings that are rented.
48.6% ▲ +36.7%
Higher than 72% of suburb / locality areas.
- 2011: 35.6%
- 2016: 29.4%
- 2021: 48.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Mead, Owned outright is the majority at 53%; Owned with a mortgage is next at 35%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every single home in Mead is a separate house, far exceeding the state and national figures. While 64.9% of homes have three or more bedrooms, which is well below the national average, the area has a slightly higher number of people per bedroom (0.90) than most other places.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
100.0% → 0.0%
Higher than 99% of suburb / locality areas.
- 2011: 100.0%
- 2016: 100.0%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
64.9% ▼ -21.9%
Lower than 80% of suburb / locality areas.
- 2011: 83.1%
- 2016: 55.9%
- 2021: 64.9%
Share of occupied private dwellings with three or more bedrooms.
Bedrooms per home
View on map →In Mead, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (24%) and 1 bedroom (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Mead
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mead [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21633/mead/topic/housing-dwellings