Peterborough · Suburb / Locality

Housing & Dwellings in Peterborough

Where and how people live — the homes, how they are held, and what they cost.

A far higher proportion of people own their homes outright in Peterborough (Vic.) than in most similar areas. This trend is matched by lower housing costs, with the typical monthly mortgage payment of $1,400 sitting well below the Victorian and national figures.

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📍 Peterborough, Suburb / Locality

Where Peterborough sits — Median rent (weekly)

$275 ▲ +57.1%
  • $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 Peterborough — lower than 52% of areas.

Median rent (weekly) compared with the state and national average
Peterborough$275
3270, VIC $275
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are $275, which is well below the figures for Victoria and Australia. Mortgage costs are also lower here, with the usual monthly payment being $459 less than the state average.

$275 ▲ +57.1%

Lower than 52% of suburb / locality areas.

  • 2011: $175
  • 2016: $213
  • 2021: $275

Median weekly rent paid by households renting their home.

$1,400 ▲ +80.2%

Lower than 65% of suburb / locality areas.

  • 2011: $777
  • 2016: $1,250
  • 2021: $1,400

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Peterborough, $200–$349 is the majority at 64%; $350–$549 is next at 36%.

Monthly mortgage distribution

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In Peterborough, the largest group is $1,000–$1,799 at 40%, followed by Under $1,000 (20%) and $1,800–$2,999 (20%).

Owning & renting

How homes are owned or rented.

Home ownership is very strong, as 56.9% of homes are owned outright—far above the national figure of 31%. Meanwhile, the 17.5% of households that rent is far below the state and national averages.

17.5% ▼ -35.1%

Higher than 52% of suburb / locality areas.

  • 2011: 27.0%
  • 2016: 21.4%
  • 2021: 17.5%

Share of occupied private dwellings that are rented.

56.9% ▲ +5.5%

Higher than 87% of suburb / locality areas.

  • 2011: 54.0%
  • 2016: 48.5%
  • 2021: 56.9%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Peterborough, Owned outright is the majority at 55%; Owned with a mortgage is next at 21%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 96.4% of the market, far above the state and national figures. Most of these are large, with 80.3% having three or more bedrooms, though the typical person has much more space than most areas with only 0.6 people per bedroom.

0.60 ▼ -40.0%

Lower than 93% of suburb / locality areas.

  • 2011: 1.00
  • 2016: 0.60
  • 2021: 0.60

Average number of usual residents per bedroom — a crowding measure.

96.4% ▼ -3.6%

Higher than 50% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 98.1%
  • 2021: 96.4%

Share of occupied private dwellings that are separate houses.

80.3% ▲ +3.7%

Higher than 52% of suburb / locality areas.

  • 2011: 77.4%
  • 2016: 77.7%
  • 2021: 80.3%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Peterborough, Separate house is the majority at 100%.

Bedrooms per home

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In Peterborough, 3 bedrooms is the majority at 55%; 4 bedrooms is next at 24%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Peterborough

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Peterborough [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22062/peterborough/topic/housing-dwellings