$245 —
Lower than 61% of suburb / locality areas.
- 2016: $238
- 2021: $245
Median weekly rent paid by households renting their home.
Melwood · Suburb / Locality
Housing & Dwellings in Melwood
Where and how people live — the homes, how they are held, and what they cost.
A huge gap in housing costs defines Melwood, where monthly mortgage payments are far higher than the state average. While home loans are expensive, the typical weekly rent of $245 is much lower than national figures. This creates a striking divide between those owning and renting in the area.
$245
—
- $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 Melwood — lower than 61% of areas.
Housing costs
Rents, mortgages and crowding.
The typical monthly home loan payment of $2,600 is among the highest for similar areas and well above the Victorian figure. In contrast, weekly rents are much lower than most areas, sitting at $245 compared to the national typical cost of $375.
$2,600 —
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Owning & renting
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 64%, ahead of Rented (36%).
How homes are owned or rented
View on map →In Melwood, Owned outright is the majority at 64%; Rented is next at 36%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes in Melwood are generally less crowded than most, with only 0.50 people per bedroom. This is well below the national and state figures of 0.80.
0.50 —
Lower than 99% of suburb / locality areas.
- 2016: 0.60
- 2021: 0.50
Average number of usual residents per bedroom — a crowding measure.
Types of homes
View on map →In Melwood, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Melwood, 3 bedrooms is the majority at 54%; 4 bedrooms is next at 46%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Melwood
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Melwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21646/melwood/topic/housing-dwellings