Riverslea · Suburb / Locality

Housing & Dwellings in Riverslea

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

Almost every home in Riverslea is a separate house, making it stand out from most similar areas. While typical mortgage payments are higher than in many other places, the area is defined by large family-sized properties and very low rental costs.

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📍 Riverslea, Suburb / Locality

Where Riverslea sits — Median rent (weekly)

$110
  • $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 Riverslea — lower than 93% of areas.

Median rent (weekly) compared with the state and national average
Riverslea$110
3860, VIC $250
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is just $110, which is far below the national and state figures. Meanwhile, the usual monthly home-loan payment is $1,733, which is higher than most areas but about the same as the Victorian average.

$110

Lower than 93% of suburb / locality areas.

  • 2016: $70
  • 2021: $110

Median weekly rent paid by households renting their home.

$1,733

Higher than 57% of suburb / locality areas.

  • 2016: $1,350
  • 2021: $1,733

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Riverslea, Under $200 is the majority at 100%.

Monthly mortgage distribution

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In Riverslea, $1,000–$1,799 is the majority at 57%; $1,800–$2,999 is next at 43%.

Owning & renting

How homes are owned or rented.

About 46% of homes are owned with a mortgage, and 36% are owned outright, which is well above the national figure. Renters make up 26% of households, a figure that is higher than in most similar areas.

26.0%

Higher than 73% of suburb / locality areas.

  • 2016: 28.3%
  • 2021: 26.0%

Share of occupied private dwellings that are rented.

36.0%

Lower than 64% of suburb / locality areas.

  • 2016: 41.3%
  • 2021: 36.0%

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

How homes are owned or rented

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In Riverslea, the largest group is Owned with a mortgage at 43%, followed by Owned outright (33%) and Rented (24%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Every single home here is a separate house, with 96% having three or more bedrooms. This is far above the state and national averages, and it helps explain why there are fewer people per bedroom than in most areas.

0.70

Lower than 86% of suburb / locality areas.

  • 2016: 0.80
  • 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.

96.0%

Higher than 92% of suburb / locality areas.

  • 2016: 76.1%
  • 2021: 96.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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

Bedrooms per home

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In Riverslea, 3 bedrooms is the majority at 63%; 4 bedrooms is next at 29%.

Sources

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

More for Riverslea

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Riverslea [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22181/riverslea/topic/housing-dwellings