$1,369 —
Lower than 67% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Mount Cole Creek · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments are $1,369 in Mount Cole Creek, which is well below the national figure. This makes housing costs significantly more affordable here than in most other parts of the country.
Rents, mortgages and crowding.
The usual monthly home-loan payment is $1,369, which is $490 lower than the Victorian average and $494 below the figure for Australia.
$1,369 —
Lower than 67% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 75%, ahead of Owned with a mortgage (0%).
In Mount Cole Creek, Owned outright is the majority at 100%.
Houses, townhouses, apartments and bedrooms.
Homes here are much less crowded than in most areas, with only 0.60 people per bedroom compared to the national figure of 0.80.
0.60 —
Lower than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Mount Cole Creek, Separate house is the majority at 100%.
In Mount Cole Creek, 3 bedrooms is the majority at 100%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mount Cole Creek [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21785/mount-cole-creek/topic/housing-dwellings