Picola · Suburb / Locality

Housing & Dwellings in Picola

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

Much lower housing costs than most similar areas define Picola, where the typical monthly mortgage is just $910. The area is dominated by large, detached homes and a very high rate of outright ownership.

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📍 Picola, Suburb / Locality

Where Picola sits — Median rent (weekly)

$150 ▲ +117.4%
  • $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 Picola — lower than 86% of areas.

Median rent (weekly) compared with the state and national average
Picola$150
3639, VIC $177
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are far below the national figure at just $150. Monthly mortgage payments are also much lower than most areas, sitting at $910 compared to the Victorian typical of $1,859.

$150 ▲ +117.4%

Lower than 86% of suburb / locality areas.

  • 2011: $69
  • 2016: $23
  • 2021: $150

Median weekly rent paid by households renting their home.

$910 ▼ -22.2%

Lower than 88% of suburb / locality areas.

  • 2011: $1,170
  • 2016: $715
  • 2021: $910

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Picola, Under $200 is the majority at 100%.

Monthly mortgage distribution

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In Picola, Under $1,000 is the majority at 100%.

Owning & renting

How homes are owned or rented.

Home ownership is very strong here, with 60.7% of homes owned outright, which is far above the national figure of 31%. Consequently, the 10.7% of households renting is far below the state and national averages.

10.7% ▼ -25.5%

Lower than 71% of suburb / locality areas.

  • 2011: 14.4%
  • 2016: 12.8%
  • 2021: 10.7%

Share of occupied private dwellings that are rented.

60.7% ▲ +26.0%

Higher than 91% of suburb / locality areas.

  • 2011: 48.2%
  • 2016: 42.6%
  • 2021: 60.7%

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

How homes are owned or rented

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In Picola, Owned outright is the majority at 61%; Owned with a mortgage is next at 21%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Every single home in Picola is a separate house, with 81% having three or more bedrooms. This high proportion of large homes helps explain why there are fewer people per bedroom compared to 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.

100.0% → 0.0%

Higher than 99% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 97.9%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

81.0% ▲ +2.3%

Higher than 54% of suburb / locality areas.

  • 2011: 79.1%
  • 2016: 78.7%
  • 2021: 81.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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

Bedrooms per home

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In Picola, 3 bedrooms is the majority at 58%; 4 bedrooms is next at 29%.

Sources

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

More for Picola

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Picola [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22066/picola/topic/housing-dwellings