$165 ▲ +230.0%
Lower than 83% of suburb / locality areas.
- 2011: $50
- 2016: $125
- 2021: $165
Median weekly rent paid by households renting their home.
Nariel Valley · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly home-loan payment of just $70 marks Nariel Valley as an area with extremely low housing costs. This is a place where most residents own their homes outright, and every single dwelling is a separate house.
All suburb / locality areas, 2021. The marker is Nariel Valley — lower than 83% of areas.
| Nariel Valley | $165 |
|---|---|
| 3707 crosses VIC/NSW | $200 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Housing is very affordable here, with typical weekly rents of $165 and monthly loan payments of $70, both of which are far below the figures for Victoria and Australia.
$165 ▲ +230.0%
Lower than 83% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$70 ▼ -93.5%
Lower than 99% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Nariel Valley, Under $200 is the majority at 100%.
In Nariel Valley, Under $1,000 is the majority at 100%.
How homes are owned or rented.
Home ownership is very high, with 60.7% of homes owned outright, which is far above the national figure of 31%. This helps explain why only 14.3% of households rent, a figure far below the state and national averages.
14.3% ▼ -19.8%
Lower than 58% of suburb / locality areas.
Share of occupied private dwellings that are rented.
60.7% ▲ +11.5%
Higher than 91% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Nariel Valley, Owned outright is the majority at 68%; Owned with a mortgage is next at 16%.
Houses, townhouses, apartments and bedrooms.
Every home in the area is a separate house, and 78.6% have three or more bedrooms. This is well above the national average, and it is reflected in the fact that people per bedroom is a little above the Australian figure.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% → 0.0%
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
78.6% ▲ +2.7%
Lower than 53% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Nariel Valley, Separate house is the majority at 100%.
In Nariel Valley, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 30%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Nariel Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21884/nariel-valley/topic/housing-dwellings