$302 —
Higher than 58% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Paradise · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Housing costs in Paradise (Vic.) have remained far more affordable than in most other parts of the country. Typical monthly mortgage payments here are nearly $900 lower than the Victorian and national figures, making it a much cheaper place to own a home.
All suburb / locality areas, 2021. The marker is Paradise — higher than 58% of areas.
Rents, mortgages and crowding.
Monthly home loan payments are typically $975, which is far below the national figure of $1,863. Weekly rents are also a little lower than the national average at $302.
$302 —
Higher than 58% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$975 —
Lower than 86% 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 Other tenure at 43%, ahead of Owned outright (36%).
In Paradise, the largest group is Other tenure at 43%, followed by Owned outright (36%) and Owned with a mortgage (21%).
Houses, townhouses, apartments and bedrooms.
Homes here are more crowded than in most areas, with 0.90 people per bedroom. This is a little above the national figure of 0.80.
0.90 —
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Paradise, Separate house is the majority at 100%.
In Paradise, 4 bedrooms is the majority at 56%; 3 bedrooms is next at 44%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Paradise [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22033/paradise/topic/housing-dwellings