Myrtleford · Suburb / Locality

Housing & Dwellings in Myrtleford

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

A high proportion of homeowners who own their homes outright defines the housing market in Myrtleford. This is a place where housing costs are significantly lower than the state and national figures. Around 46% of residents own their homes without a mortgage, far exceeding the national average.

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📍 Myrtleford, Suburb / Locality

Where Myrtleford sits — Median rent (weekly)

$250 ▲ +51.5%
  • $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 Myrtleford — lower than 60% of areas.

Median rent (weekly) compared with the state and national average
Myrtleford$250
3737, VIC $250
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are $1,300, which is well below the Victorian figure of $1,859. Weekly rents are also much lower than the national average, typically costing $250.

$250 ▲ +51.5%

Lower than 60% of suburb / locality areas.

  • 2011: $165
  • 2016: $200
  • 2021: $250

Median weekly rent paid by households renting their home.

$1,300 ▲ +11.1%

Lower than 71% of suburb / locality areas.

  • 2011: $1,170
  • 2016: $1,300
  • 2021: $1,300

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Myrtleford, $200–$349 is the majority at 62%; Under $200 is next at 22%.

Monthly mortgage distribution

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In Myrtleford, the largest group is $1,000–$1,799 at 49%, followed by Under $1,000 (27%) and $1,800–$2,999 (19%).

Owning & renting

How homes are owned or rented.

Home ownership is strong, with 46.2% of homes owned outright, which is far above the Australian average of 31%. Conversely, the 22.5% of households renting is well below the national figure.

22.5% ▼ -9.7%

Higher than 65% of suburb / locality areas.

  • 2011: 24.9%
  • 2016: 23.9%
  • 2021: 22.5%

Share of occupied private dwellings that are rented.

46.2% ▼ -0.4%

Higher than 65% of suburb / locality areas.

  • 2011: 46.3%
  • 2016: 43.6%
  • 2021: 46.2%

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

How homes are owned or rented

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In Myrtleford, the largest group is Owned outright at 46%, followed by Owned with a mortgage (27%) and Rented (22%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 91.6% of the market, far above the Victorian average. These homes are often large, with 78.3% having three or more bedrooms, though there are fewer people per bedroom than in most areas.

0.70 ▼ -36.4%

Lower than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

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

91.6% ▲ +1.1%

Lower than 64% of suburb / locality areas.

  • 2011: 90.6%
  • 2016: 93.3%
  • 2021: 91.6%

Share of occupied private dwellings that are separate houses.

78.3% ▲ +3.2%

Lower than 53% of suburb / locality areas.

  • 2011: 75.9%
  • 2016: 75.2%
  • 2021: 78.3%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Myrtleford, Separate house is the majority at 91%; Townhouse / semi-detached is next at 7%.

Bedrooms per home

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In Myrtleford, 3 bedrooms is the majority at 55%; 4 bedrooms is next at 22%.

Sources

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

More for Myrtleford

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Myrtleford [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21863/myrtleford/topic/housing-dwellings