$216 —
Lower than 70% of suburb / locality areas.
- 2016: $150
- 2021: $216
Median weekly rent paid by households renting their home.
Princetown · Suburb / Locality
Housing & Dwellings in Princetown
Where and how people live — the homes, how they are held, and what they cost.
Every single home in Princetown is a separate house, making it a community of detached dwellings. This housing landscape is defined by large family homes and very low costs compared to the rest of the country.
$216
—
- $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 Princetown — lower than 70% of areas.
Housing costs
Rents, mortgages and crowding.
Housing is quite affordable here, with a typical weekly rent of $216, which is far below the national figure of $375. Typical monthly home-loan payments are also well below the Victorian average, sitting at $1,261.
$1,261 ▲ +26.1%
Lower than 73% of suburb / locality areas.
- 2011: $1,000
- 2016: $1,203
- 2021: $1,261
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Princetown, the largest group is Under $1,000 at 45%, followed by $1,800–$2,999 (27%) and $3,000 or more (27%).
Owning & renting
How homes are owned or rented.
Home ownership is very strong in Princetown, where 44.7% of homes are owned outright—far above the Australian figure of 31.0%. Only 9.2% of households rent, which is much lower than most other areas.
9.2% ▼ -65.7%
Lower than 76% of suburb / locality areas.
- 2011: 26.9%
- 2016: 32.1%
- 2021: 9.2%
Share of occupied private dwellings that are rented.
44.7% ▲ +10.9%
Higher than 61% of suburb / locality areas.
- 2011: 40.3%
- 2016: 33.3%
- 2021: 44.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Princetown, the largest group is Owned outright at 40%, followed by Owned with a mortgage (29%) and Other tenure (13%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes here are almost always large, with 96.1% having three or more bedrooms. This is far above the Victorian average of 74.1%.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
100.0% ▲ +2.6%
Higher than 99% of suburb / locality areas.
- 2011: 97.5%
- 2016: 94.9%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
96.1% ▲ +10.8%
Higher than 92% of suburb / locality areas.
- 2011: 86.7%
- 2016: 92.3%
- 2021: 96.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Princetown, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Princetown, 3 bedrooms is the majority at 54%; 4 bedrooms is next at 31%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Princetown
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Princetown [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22123/princetown/topic/housing-dwellings