Talbot · Suburb / Locality

Housing & Dwellings in Talbot

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

Very low housing costs make Talbot a highly affordable place to live. The typical monthly mortgage payment is just $867, which is far below the Victorian figure of $1,859. This affordability is paired with a high number of residents who own their homes outright.

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📍 Talbot, Suburb / Locality

Where Talbot sits — Median rent (weekly)

$160 ▲ +88.2%
  • $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 Talbot — lower than 84% of areas.

Median rent (weekly) compared with the state and national average
Talbot$160
3371, VIC $190
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is much lower than most areas at $160, which is far below the national figure of $375. Mortgage payments are also very low, with over half of households paying under $1,000 a month.

$160 ▲ +88.2%

Lower than 84% of suburb / locality areas.

  • 2011: $85
  • 2016: $123
  • 2021: $160

Median weekly rent paid by households renting their home.

$867 ▼ -3.7%

Lower than 89% of suburb / locality areas.

  • 2011: $900
  • 2016: $780
  • 2021: $867

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Talbot, Under $200 is the majority at 56%; $200–$349 is next at 44%.

Monthly mortgage distribution

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In Talbot, Under $1,000 is the majority at 57%; $1,000–$1,799 is next at 30%.

Owning & renting

How homes are owned or rented.

Home ownership is very strong in Talbot, where 56% of homes are owned outright, far above the Victorian figure of 32.2%. Only 9.3% of households rent, which is much lower than most areas.

9.3% ▼ -1.9%

Lower than 76% of suburb / locality areas.

  • 2011: 9.4%
  • 2016: 12.3%
  • 2021: 9.3%

Share of occupied private dwellings that are rented.

56.0% ▲ +0.8%

Higher than 86% of suburb / locality areas.

  • 2011: 55.6%
  • 2016: 50.0%
  • 2021: 56.0%

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

How homes are owned or rented

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In Talbot, Owned outright is the majority at 57%; Owned with a mortgage is next at 30%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 94% of all homes, a figure far above the national average of 72.3%. However, homes here tend to be smaller, with 67.1% having three or more bedrooms, which is well below the state and national figures.

0.70 ▼ -41.7%

Lower than 86% of suburb / locality areas.

  • 2011: 1.20
  • 2016: 0.70
  • 2021: 0.70

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

94.0% ▲ +1.0%

Lower than 58% of suburb / locality areas.

  • 2011: 93.0%
  • 2016: 90.7%
  • 2021: 94.0%

Share of occupied private dwellings that are separate houses.

67.1% ▲ +2.1%

Lower than 77% of suburb / locality areas.

  • 2011: 65.7%
  • 2016: 60.8%
  • 2021: 67.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Talbot, Separate house is the majority at 93%; Other dwelling is next at 5%.

Bedrooms per home

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In Talbot, the largest group is 3 bedrooms at 48%, followed by 2 bedrooms (22%) and 4 bedrooms (13%).

Sources

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

More for Talbot

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Talbot [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22423/talbot/topic/housing-dwellings