$200 —
Lower than 75% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Reedy Lake · Suburb / Locality
Housing & Dwellings in Reedy Lake
Where and how people live — the homes, how they are held, and what they cost.
Rent is remarkably cheap in Reedy Lake, where the typical weekly cost is just $200. This is far below the national figure, making housing in the area much more affordable than in most other parts of the country.
$200
—
- $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 Reedy Lake — lower than 75% of areas.
Housing costs
Rents, mortgages and crowding.
Rents are far below the state and national figures, with a typical weekly cost of $200. Typical monthly home-loan payments are $1,508, which is a little below the Victorian average of $1,859.
$1,508 —
Lower than 58% of suburb / locality areas.
- 2016: $477
- 2021: $1,508
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Reedy Lake, $1,800–$2,999 is the majority at 100%.
Owning & renting
How homes are owned or rented.
The most common how homes are owned or rented is Owned with a mortgage at 100%, ahead of Rented (40%).
How homes are owned or rented
View on map →In Reedy Lake, Owned with a mortgage is the majority at 71%; Rented is next at 29%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes in the area tend to be less crowded than usual, with only 0.70 people per bedroom. This is a little below the figure for both Victoria and Australia.
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.
Types of homes
View on map →In Reedy Lake, Separate house is the majority at 100%.
Bedrooms per home
View on map →Reedy Lake splits fairly evenly between 2 bedrooms (33%) and 3 bedrooms (33%), with 4 bedrooms at 33%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Reedy Lake
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Reedy Lake [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22158/reedy-lake/topic/housing-dwellings