Rheola · Suburb / Locality

Housing & Dwellings in Rheola

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

Housing patterns in Rheola have remained largely stable, with the area continuing to be defined by detached homes. Half of all homes are owned outright, making it an area where residents are far more likely to own their own home than people in most other parts of the country.

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📍 Rheola, Suburb / Locality

Where Rheola sits — Median rent (weekly)

$449 ▲ +798.0%
  • $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 Rheola — higher than 88% of areas.

Median rent (weekly) compared with the state and national average
Rheola$449
3517, VIC $185
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are $975, which is far below the Victorian figure of $1,859. In contrast, weekly rents are $449, a little above the national figure of $375.

$449 ▲ +798.0%

Higher than 88% of suburb / locality areas.

  • 2011: $50
  • 2021: $449

Median weekly rent paid by households renting their home.

$975 ▲ +31.2%

Lower than 86% of suburb / locality areas.

  • 2011: $743
  • 2016: $715
  • 2021: $975

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

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In Rheola, Under $1,000 is the majority at 100%.

Owning & renting

How homes are owned or rented.

Ownership is very high here, with 50% of homes owned outright, which is far above the Australian average of 31%. This helps explain why 0% of households are renting, a figure far below the national average.

0.0% ▼ -100.0%

Lower than 99% of suburb / locality areas.

  • 2011: 10.2%
  • 2016: 0.0%
  • 2021: 0.0%

Share of occupied private dwellings that are rented.

50.0% ▼ -20.0%

Higher than 75% of suburb / locality areas.

  • 2011: 62.5%
  • 2016: 73.9%
  • 2021: 50.0%

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

How homes are owned or rented

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In Rheola, Owned outright is the majority at 58%; Owned with a mortgage is next at 42%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Every home in Rheola is a separate house, which is far above the state and national figures. Most homes are small, with only 45.5% having three or more bedrooms, far below the Victorian figure of 74.1%.

0.90 ▼ -18.2%

Higher than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.50
  • 2021: 0.90

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

100.0% → 0.0%

Higher than 99% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 100.0%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

45.5% ▼ -35.9%

Lower than 93% of suburb / locality areas.

  • 2011: 70.9%
  • 2016: 65.2%
  • 2021: 45.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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

Bedrooms per home

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Rheola splits fairly evenly between 3 bedrooms (45%) and 2 bedrooms (41%), with Studio / none at 14%.

Sources

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

More for Rheola

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Rheola [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22163/rheola/topic/housing-dwellings