$300 —
Higher than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Tanwood · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments of $1,138 are far below the national average in Tanwood. This small area is much more affordable than most parts of the country, with both home loans and rents sitting well under the state and national figures.
All suburb / locality areas, 2021. The marker is Tanwood — higher than 57% of areas.
Rents, mortgages and crowding.
The typical home loan payment is $1,138, which is far below the Victorian figure of $1,859. Similarly, weekly rent is $300, a little below the state average and well below the national figure of $375.
$300 —
Higher than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,138 —
Lower than 79% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 75%, ahead of Owned with a mortgage (75%).
Tanwood splits fairly evenly between Owned outright (50%) and Owned with a mortgage (50%).
Houses, townhouses, apartments and bedrooms.
Homes in Tanwood are less crowded than in most areas, with only 0.60 people per bedroom compared to the national figure of 0.80.
0.60 —
Lower than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Tanwood, Separate house is the majority at 100%.
In Tanwood, 3 bedrooms is the majority at 60%; 5 or more is next at 40%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Tanwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22445/tanwood/topic/housing-dwellings