$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.
Myrtleford · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Myrtleford — lower than 60% of areas.
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.
Median weekly rent paid by households renting their home.
$1,300 ▲ +11.1%
Lower than 71% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Myrtleford, $200–$349 is the majority at 62%; Under $200 is next at 22%.
In Myrtleford, the largest group is $1,000–$1,799 at 49%, followed by Under $1,000 (27%) and $1,800–$2,999 (19%).
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.
Share of occupied private dwellings that are rented.
46.2% ▼ -0.4%
Higher than 65% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Myrtleford, the largest group is Owned outright at 46%, followed by Owned with a mortgage (27%) and Rented (22%).
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.
Average number of usual residents per bedroom — a crowding measure.
91.6% ▲ +1.1%
Lower than 64% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
78.3% ▲ +3.2%
Lower than 53% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Myrtleford, Separate house is the majority at 91%; Townhouse / semi-detached is next at 7%.
In Myrtleford, 3 bedrooms is the majority at 55%; 4 bedrooms is next at 22%.
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