$220 —
Lower than 69% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Nareeb · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Nareeb — lower than 69% of areas.
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.
$220 —
Lower than 69% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$500 —
Lower than 99% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Nareeb, $200–$349 is the majority at 100%.
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%).
In Nareeb, the largest group is Owned outright at 33%, followed by Owned with a mortgage (25%) and Rented (21%).
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.
Average number of usual residents per bedroom — a crowding measure.
Nareeb splits fairly evenly between 3 bedrooms (33%) and 4 bedrooms (33%), with 5 or more at 33%.
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