$40 —
Lower than 99% of suburb / locality areas.
- 2016: $21
- 2021: $40
Median weekly rent paid by households renting their home.
Meadow Creek · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define Meadow Creek, where a huge 62.9% of homes are owned outright. This combination of low debt and high ownership makes it a very affordable place to live compared to the rest of the state.
All suburb / locality areas, 2021. The marker is Meadow Creek — lower than 99% of areas.
Rents, mortgages and crowding.
The typical monthly home loan payment is $1,202, which is well below the $1,859 figure for Victoria. Typical weekly rents are also far below the national average, sitting at just $40.
$40 —
Lower than 99% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,202 —
Lower than 76% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Meadow Creek, Under $200 is the majority at 100%.
In Meadow Creek, the largest group is $1,000–$1,799 at 47%, followed by $1,800–$2,999 (33%) and Under $1,000 (20%).
How homes are owned or rented.
A very small 8.6% of households rent, which is far below the 30.6% national figure. This helps explain why so many residents own their homes outright, a rate far above the Australian average.
8.6% —
Lower than 78% of suburb / locality areas.
Share of occupied private dwellings that are rented.
62.9% —
Higher than 93% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Meadow Creek, Owned outright is the majority at 61%; Owned with a mortgage is next at 31%.
Houses, townhouses, apartments and bedrooms.
Every single home in the area is a separate house, which is far above the state and national figures. However, homes with three or more bedrooms are well below the national average at 68.6%.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
68.6% —
Lower than 75% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Meadow Creek, Separate house is the majority at 100%.
In Meadow Creek, the largest group is 4 bedrooms at 37%, followed by 2 bedrooms (31%) and 3 bedrooms (23%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Meadow Creek [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21634/meadow-creek/topic/housing-dwellings