Mount Wallace · Suburb / Locality

Housing & Dwellings in Mount Wallace

Where and how people live — the homes, how they are held, and what they cost.

A very high proportion of people live in detached houses in Mount Wallace, where home ownership is much more common than in the rest of the state. The area is dominated by separate houses, which make up 95.3% of all dwellings.

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📍 Mount Wallace, Suburb / Locality

Where Mount Wallace sits — Median rent (weekly)

$275
  • $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 Wallace — lower than 52% of areas.

Median rent (weekly) compared with the state and national average
Mount Wallace$275
3342, VIC $330
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments here are $2,327, which is well above the Victorian figure. In contrast, typical weekly rents are much lower than the state and national averages, sitting at $275.

$2,327

Higher than 86% of suburb / locality areas.

  • 2016: $2,000
  • 2021: $2,327

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Mount Wallace, $200–$349 is the majority at 100%.

Monthly mortgage distribution

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In Mount Wallace, $3,000 or more is the majority at 54%; $1,000–$1,799 is next at 23%.

Owning & renting

How homes are owned or rented.

Many residents own their homes outright, with 44.2% doing so, which is far above the national figure. Only 14% of households are renting, a rate far below that of Victoria and Australia.

14.0%

Lower than 59% of suburb / locality areas.

  • 2016: 9.3%
  • 2021: 14.0%

Share of occupied private dwellings that are rented.

44.2%

Higher than 59% of suburb / locality areas.

  • 2016: 46.5%
  • 2021: 44.2%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Mount Wallace, the largest group is Owned outright at 48%, followed by Owned with a mortgage (30%) and Rented (15%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are the norm here at 95.3%, far above the state and national figures. Most of these are larger homes, with 74.4% having three or more bedrooms.

0.80

Lower than 57% of suburb / locality areas.

  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

95.3%

Lower than 54% of suburb / locality areas.

  • 2016: 95.3%
  • 2021: 95.3%

Share of occupied private dwellings that are separate houses.

74.4%

Lower than 63% of suburb / locality areas.

  • 2016: 76.7%
  • 2021: 74.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Mount Wallace, Separate house is the majority at 100%.

Bedrooms per home

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In Mount Wallace, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (19%) and 5 or more (19%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Mount Wallace

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Mount Wallace [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21815/mount-wallace/topic/housing-dwellings