$476 ▲ +33.7%
Higher than 90% of suburb / locality areas.
- 2011: $356
- 2016: $420
- 2021: $476
Median weekly rent paid by households renting their home.
Mount Waverley · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 68.6% of all homes in Mount Waverley. This suburb is a high-cost area where typical mortgage and rent payments are well above the national figures. Most households here live in larger homes, with 86.8% of dwellings having three or more bedrooms.
All suburb / locality areas, 2021. The marker is Mount Waverley — higher than 90% of areas.
Rents, mortgages and crowding.
Typical monthly home loan payments are $2,600, which is well above the Victorian figure of $1,859. Renters also face high costs, with the usual weekly rent of $476 sitting well above the Australian average of $375.
$476 ▲ +33.7%
Higher than 90% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,600 ▲ +30.0%
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Mount Waverley, $350–$549 is the majority at 56%; $550–$749 is next at 26%.
In Mount Waverley, the largest group is $3,000 or more at 44%, followed by $1,800–$2,999 (26%) and Under $1,000 (15%).
How homes are owned or rented.
Home ownership is strong, as 41.9% of homes are owned outright, a figure far above the national rate of 31%. Meanwhile, 24.2% of households rent, which is well below both the state and national levels.
24.2% ▲ +18.8%
Higher than 70% of suburb / locality areas.
Share of occupied private dwellings that are rented.
41.9% ▼ -12.5%
Higher than 52% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Mount Waverley, the largest group is Owned outright at 42%, followed by Owned with a mortgage (31%) and Rented (24%).
Houses, townhouses, apartments and bedrooms.
Large homes are common, with 86.8% having three or more bedrooms—far above the Victorian average. However, separate houses are less common here than in most other areas, making up 68.6% of the total.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
68.6% ▼ -14.1%
Lower than 87% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
86.8% ▲ +3.0%
Higher than 70% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Mount Waverley, Separate house is the majority at 69%; Flat or apartment is next at 21%.
In Mount Waverley, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (33%) and 2 bedrooms (11%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mount Waverley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21816/mount-waverley/topic/housing-dwellings