Raymond Island · Suburb / Locality

Housing & Dwellings in Raymond Island

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

Housing patterns on Raymond Island have remained stable, with a very high proportion of people owning their homes outright. This is a predominantly residential area where 100% of the dwellings are separate houses. The housing market here is notably more affordable than the state and national figures.

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📍 Raymond Island, Suburb / Locality

Where Raymond Island sits — Median rent (weekly)

$280 ▲ +30.2%
  • $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 Raymond Island — higher than 50% of areas.

Median rent (weekly) compared with the state and national average
Raymond Island$280
3880, VIC $309
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are far below the Victorian average, coming in at $969. Rent is also well below the national figure, with the usual weekly rent being $280.

$280 ▲ +30.2%

Higher than 50% of suburb / locality areas.

  • 2011: $215
  • 2016: $185
  • 2021: $280

Median weekly rent paid by households renting their home.

$969 ▼ -5.8%

Lower than 86% of suburb / locality areas.

  • 2011: $1,029
  • 2016: $1,300
  • 2021: $969

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Raymond Island, $200–$349 is the majority at 85%; $350–$549 is next at 15%.

Monthly mortgage distribution

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In Raymond Island, Under $1,000 is the majority at 65%; $1,000–$1,799 is next at 35%.

Owning & renting

How homes are owned or rented.

Owning a home outright is far more common here than in the rest of Australia, accounting for 73.5% of households. Only 7.6% of homes are rented, which is much lower than most similar areas.

7.6% ▼ -55.2%

Lower than 82% of suburb / locality areas.

  • 2011: 16.9%
  • 2016: 11.1%
  • 2021: 7.6%

Share of occupied private dwellings that are rented.

73.5% ▲ +14.9%

Higher than 99% of suburb / locality areas.

  • 2011: 64.0%
  • 2016: 66.4%
  • 2021: 73.5%

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

How homes are owned or rented

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In Raymond Island, Owned outright is the majority at 73%; Owned with a mortgage is next at 17%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Every single home on the island is a separate house. While 71.5% of these have three or more bedrooms, there are fewer people per bedroom here than in the typical Victorian home.

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% ▲ +4.2%

Higher than 99% of suburb / locality areas.

  • 2011: 96.0%
  • 2016: 96.4%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

71.5% ▲ +10.4%

Lower than 70% of suburb / locality areas.

  • 2011: 64.7%
  • 2016: 64.0%
  • 2021: 71.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Raymond Island, Separate house is the majority at 100%.

Bedrooms per home

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In Raymond Island, 3 bedrooms is the majority at 57%; 2 bedrooms is next at 25%.

Sources

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

More for Raymond Island

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Raymond Island [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22145/raymond-island/topic/housing-dwellings