$300 ▲ +80.7%
Higher than 57% of suburb / locality areas.
- 2011: $166
- 2016: $215
- 2021: $300
Median weekly rent paid by households renting their home.
Newstead · Suburb / Locality
Housing & Dwellings in Newstead
Where and how people live — the homes, how they are held, and what they cost.
Lower living costs make Newstead a more affordable place to live than most other areas. The typical monthly home-loan payment is just $1,300, which is well below the national figure. This affordability is mirrored in the rental market, where weekly rents are also significantly lower than state and national averages.
$300
▲ +80.7%
- $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 Newstead — higher than 57% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are a little below the Victorian figure at $300. Mortgage payments are also much lower than in most areas, with the typical monthly payment sitting at $1,300.
$1,300 ▲ +25.0%
Lower than 71% of suburb / locality areas.
- 2011: $1,040
- 2016: $1,127
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Newstead, the largest group is $200–$349 at 44%, followed by Under $200 (31%) and $350–$549 (25%).
Monthly mortgage distribution
View on map →Newstead splits fairly evenly between Under $1,000 (38%) and $1,000–$1,799 (38%), with $1,800–$2,999 at 21%.
Owning & renting
How homes are owned or rented.
Owning a home outright is far more common here than across Australia, accounting for 45.1% of households. This helps explain why the proportion of renters is far below the state and national figures at just 9.2%.
9.2% ▼ -44.5%
Lower than 76% of suburb / locality areas.
- 2011: 16.6%
- 2016: 13.0%
- 2021: 9.2%
Share of occupied private dwellings that are rented.
45.1% ▼ -3.0%
Higher than 62% of suburb / locality areas.
- 2011: 46.5%
- 2016: 43.3%
- 2021: 45.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Newstead splits fairly evenly between Owned outright (46%) and Owned with a mortgage (43%), with Rented at 9%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are far more common here than in the rest of the state, making up 96.1% of all homes. However, homes with three or more bedrooms are well below the national average, and there are slightly fewer people per bedroom than typical for 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.
96.1% ▲ +1.7%
Lower than 51% of suburb / locality areas.
- 2011: 94.5%
- 2016: 96.0%
- 2021: 96.1%
Share of occupied private dwellings that are separate houses.
69.9% ▼ -0.6%
Lower than 73% of suburb / locality areas.
- 2011: 70.3%
- 2016: 67.8%
- 2021: 69.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Newstead, Separate house is the majority at 97%; Flat or apartment is next at 1%.
Bedrooms per home
View on map →In Newstead, 3 bedrooms is the majority at 51%; 2 bedrooms is next at 24%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Newstead
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Newstead [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21936/newstead/topic/housing-dwellings