Redcastle · Suburb / Locality

Housing & Dwellings in Redcastle

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

A typical monthly mortgage payment of just $1,000 makes housing in Redcastle far more affordable than in most other areas. This is a place where home ownership is the norm and the cost of living is significantly lower than the state and national figures.

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📍 Redcastle, Suburb / Locality

Housing costs

Rents, mortgages and crowding.

Typical monthly home-loan payments are far below the Victorian figure of $1,859, coming in at $1,000, which is much lower than most areas.

$1,000

Lower than 86% of suburb / locality areas.

  • 2016: $867
  • 2021: $1,000

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

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In Redcastle, $1,000–$1,799 is the majority at 62%; Under $1,000 is next at 38%.

Owning & renting

How homes are owned or rented.

More than half of residents (56.7%) own their homes outright, a figure far above the national average of 31%. This helps explain why there are no renters in the area.

0.0%

Lower than 99% of suburb / locality areas.

  • 2016: 0.0%
  • 2021: 0.0%

Share of occupied private dwellings that are rented.

56.7%

Higher than 87% of suburb / locality areas.

  • 2016: 50.0%
  • 2021: 56.7%

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

How homes are owned or rented

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In Redcastle, Owned outright is the majority at 68%; Owned with a mortgage is next at 32%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Every single home in Redcastle is a separate house. While 70% of these have three or more bedrooms, the number of people per bedroom is a little below the national figure at 0.70.

0.70

Lower than 86% of suburb / locality areas.

  • 2016: 0.60
  • 2021: 0.70

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

100.0%

Higher than 99% of suburb / locality areas.

  • 2016: 100.0%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

70.0%

Lower than 73% of suburb / locality areas.

  • 2016: 56.7%
  • 2021: 70.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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

Bedrooms per home

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In Redcastle, 3 bedrooms is the majority at 72%; 2 bedrooms is next at 16%.

Sources

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

More for Redcastle

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Redcastle [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22153/redcastle/topic/housing-dwellings