Nareeb · Suburb / Locality

Housing & Dwellings in Nareeb

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

Housing costs in Nareeb have remained remarkably low compared to the rest of the country. The area is defined by very affordable living, with typical monthly mortgage payments of just $500 and weekly rents of $220.

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📍 Nareeb, Suburb / Locality

Where Nareeb sits — Median rent (weekly)

$220 —
  • $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 Nareeb — lower than 69% of areas.

Median rent (weekly) compared with the state and national average
Nareeb$220
3293, VIC $200
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly home-loan payments are $500, which is far below the Victorian figure of $1,859. Weekly rents are also much lower than most areas, sitting at $220 compared to the national figure of $375.

Weekly rent distribution

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

Owning & renting

How homes are owned or rented.

The most common how homes are owned or rented is Owned outright at 44%, ahead of Owned with a mortgage (33%).

How homes are owned or rented

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In Nareeb, the largest group is Owned outright at 33%, followed by Owned with a mortgage (25%) and Rented (21%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Homes in Nareeb tend to have more space for their occupants, with only 0.70 people per bedroom. This is a little below the average for both Victoria and Australia.

0.70 —

Lower than 86% of suburb / locality areas.

  • 2016: 0.90
  • 2021: 0.70

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

Types of homes

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In Nareeb, Separate house is the majority at 100%.

Bedrooms per home

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Nareeb splits fairly evenly between 3 bedrooms (33%) and 4 bedrooms (33%), with 5 or more at 33%.

Sources

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

More for Nareeb

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Nareeb [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21881/nareeb/topic/housing-dwellings