$1,083 —
Lower than 82% of suburb / locality areas.
- 2016: $1,365
- 2021: $1,083
Median monthly mortgage repayment for households with a mortgage.
Red Lion · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $1,083 are much lower than most similar areas, making Red Lion a very affordable place to live. The housing market here is unique, as every single home is a separate detached house.
Rents, mortgages and crowding.
Monthly mortgage payments are far below the Victorian figure of $1,859. Most people with a loan pay between $1,000 and $1,799 a month, and no one pays $3,000 or more.
$1,083 —
Lower than 82% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Red Lion, $1,000–$1,799 is the majority at 54%; Under $1,000 is next at 23%.
How homes are owned or rented.
No one in Red Lion rents their home, which is far below the national figure of 30.6%. Instead, 55.3% of homes are owned with a mortgage, while 34.2% are owned outright.
0.0% —
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings that are rented.
34.2% —
Lower than 69% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Red Lion, Owned with a mortgage is the majority at 62%; Owned outright is next at 38%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 100% of the homes here, far above the national figure of 72.3%. These homes are generally spacious, with 71.1% having three or more bedrooms, though there are far fewer people per bedroom than in most other areas.
0.60 —
Lower than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
71.1% —
Lower than 71% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Red Lion, Separate house is the majority at 100%.
In Red Lion, the largest group is 3 bedrooms at 50%, followed by 4 bedrooms (29%) and 2 bedrooms (21%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Red Lion [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22150/red-lion/topic/housing-dwellings