$258 —
Lower than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Mount Mercer · Suburb / Locality
Housing & Dwellings in Mount Mercer
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs set Mount Mercer apart from the rest of the state and nation. A striking 51.6% of homes are owned outright, which is far above the national figure. This makes for an affordable landscape where the typical monthly mortgage payment is well below the Victorian average.
$258
—
- $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 Mount Mercer — lower than 57% of areas.
Housing costs
Rents, mortgages and crowding.
The typical monthly home-loan payment is $1,192, which is well below the $1,859 seen in Victoria. Weekly rents are also low, with the typical price of $258 sitting well below both the state and national figures.
$1,192 —
Lower than 77% of suburb / locality areas.
- 2016: $1,528
- 2021: $1,192
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →Mount Mercer splits fairly evenly between $1,000–$1,799 (50%) and $3,000 or more (50%).
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 51.6% of homes owned outright, far above the 31% national average. Only 12.9% of households rent, a figure far below the national rate of 30.6%.
12.9% —
Lower than 63% of suburb / locality areas.
- 2016: 18.2%
- 2021: 12.9%
Share of occupied private dwellings that are rented.
51.6% —
Higher than 78% of suburb / locality areas.
- 2016: 50.0%
- 2021: 51.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Mount Mercer, Owned outright is the majority at 53%; Owned with a mortgage is next at 33%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every single home in the area is a separate house. While these homes are all detached, they are smaller than those in most other areas, with 61.3% having three or more bedrooms, which is far below the Victorian average of 74.1%.
0.90 —
Higher than 86% of suburb / locality areas.
- 2016: 0.70
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
- 2016: 100.0%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
61.3% —
Lower than 85% of suburb / locality areas.
- 2016: 100.0%
- 2021: 61.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Mount Mercer, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Mount Mercer, the largest group is 3 bedrooms at 44%, followed by 1 bedroom (19%) and 4 bedrooms (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Mount Mercer
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mount Mercer [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21804/mount-mercer/topic/housing-dwellings