$300 —
Higher than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Paaratte · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments of $2,399 are well above the national figure in Paaratte. This creates a sharp contrast with the local rental market, where typical weekly costs are quite a bit lower than the Australian average.
All suburb / locality areas, 2021. The marker is Paaratte — higher than 57% of areas.
Rents, mortgages and crowding.
The typical monthly home loan payment is $2,399, which is much higher than most areas and well above the Victorian figure. In contrast, weekly rent is a little below the state average at $300.
$300 —
Higher than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,399 —
Higher than 87% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 54%, ahead of Owned with a mortgage (23%).
In Paaratte, Owned outright is the majority at 54%; Owned with a mortgage is next at 23%.
Houses, townhouses, apartments and bedrooms.
Homes in Paaratte are less crowded than most areas, with only 0.70 people per bedroom, which is a little below the national figure.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Paaratte, Separate house is the majority at 100%.
In Paaratte, 3 bedrooms is the majority at 67%; 4 bedrooms is next at 33%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Paaratte [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22025/paaratte/topic/housing-dwellings