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