$451 ▲ +25.3%
Higher than 88% of suburb / locality areas.
- 2011: $360
- 2016: $401
- 2021: $451
Median weekly rent paid by households renting their home.
Mont Albert · Suburb / Locality
Housing & Dwellings in Mont Albert
Where and how people live — the homes, how they are held, and what they cost.
High living costs mark the housing market in Mont Albert, where typical monthly mortgage payments hit $2,500. This is well above the national figure, reflecting a costly local property market. While many residents own their homes, there is also a notable presence of renters in the area.
$451
▲ +25.3%
- $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 Mont Albert — higher than 88% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $451, which is a little above the Victorian average. Mortgage costs are even more striking, with 39.2% of households paying $3,000 or more each month.
$2,500 ▲ +8.7%
Higher than 88% of suburb / locality areas.
- 2011: $2,300
- 2016: $2,200
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Mont Albert, $350–$549 is the majority at 58%; $550–$749 is next at 19%.
Monthly mortgage distribution
View on map →In Mont Albert, the largest group is $3,000 or more at 43%, followed by $1,800–$2,999 (26%) and Under $1,000 (17%).
Owning & renting
How homes are owned or rented.
Home ownership is common, with 39.8% of homes owned outright, which is well above the national figure of 31%. However, 27.7% of households rent, a figure that is much higher than in most similar areas.
27.7% ▲ +8.4%
Higher than 75% of suburb / locality areas.
- 2011: 25.6%
- 2016: 27.6%
- 2021: 27.7%
Share of occupied private dwellings that are rented.
39.8% ▲ +3.1%
Lower than 54% of suburb / locality areas.
- 2011: 38.6%
- 2016: 39.7%
- 2021: 39.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Mont Albert, the largest group is Owned outright at 40%, followed by Owned with a mortgage (30%) and Rented (28%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are less common here than in most of Australia, making up only 53.7% of homes. This is far below the national average, with a high 35% of residents living in townhouses or semi-detached homes.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
53.7% ▼ -10.2%
Lower than 91% of suburb / locality areas.
- 2011: 59.8%
- 2016: 56.0%
- 2021: 53.7%
Share of occupied private dwellings that are separate houses.
62.8% ▲ +0.6%
Lower than 83% of suburb / locality areas.
- 2011: 62.4%
- 2016: 65.0%
- 2021: 62.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Mont Albert, Separate house is the majority at 54%; Townhouse / semi-detached is next at 35%.
Bedrooms per home
View on map →Mont Albert splits fairly evenly between 2 bedrooms (34%) and 3 bedrooms (30%), with 4 bedrooms at 23%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Mont Albert
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mont Albert [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21732/mont-albert/topic/housing-dwellings