$200 ▲ +33.3%
Lower than 75% of suburb / locality areas.
- 2011: $150
- 2021: $200
Median weekly rent paid by households renting their home.
Springbank · Suburb / Locality
Housing & Dwellings in Springbank
Where and how people live — the homes, how they are held, and what they cost.
Much lower living costs define daily life in Springbank, where the typical weekly rent is just $200. This is a spacious and affordable area where every single home is a separate house.
$200
▲ +33.3%
- $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 Springbank — lower than 75% of areas.
Housing costs
Rents, mortgages and crowding.
Housing is far more affordable here than in the rest of the state. The typical weekly rent is $200, and monthly home-loan payments are well below the national figure at $1,326.
$1,326 ▼ -5.7%
Lower than 70% of suburb / locality areas.
- 2011: $1,406
- 2016: $1,153
- 2021: $1,326
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Springbank, $1,000–$1,799 is the majority at 63%; Under $1,000 is next at 38%.
Owning & renting
How homes are owned or rented.
Home ownership is very high, with 53.8% of homes owned outright—far above the Victorian average. In contrast, there are no renters in the area.
0.0% ▼ -100.0%
Lower than 99% of suburb / locality areas.
- 2011: 13.6%
- 2016: 16.1%
- 2021: 0.0%
Share of occupied private dwellings that are rented.
53.8% ▼ -11.3%
Higher than 83% of suburb / locality areas.
- 2011: 60.7%
- 2016: 48.4%
- 2021: 53.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Springbank, Owned outright is the majority at 58%; Owned with a mortgage is next at 33%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every home in Springbank is a separate house, and 100% of these have three or more bedrooms. This means there are typically fewer people per bedroom than in most other areas.
0.70 ▼ -36.4%
Lower than 86% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.70
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.
100.0% ▲ +8.5%
Higher than 99% of suburb / locality areas.
- 2011: 92.2%
- 2016: 80.6%
- 2021: 100.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Springbank, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Springbank, the largest group is 4 bedrooms at 40%, followed by 3 bedrooms (32%) and 5 or more (20%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Springbank
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Springbank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22322/springbank/topic/housing-dwellings