$150 —
Lower than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Tarra Valley · Suburb / Locality
Housing & Dwellings in Tarra Valley
Where and how people live — the homes, how they are held, and what they cost.
A hundred per cent of homes in Tarra Valley are separate houses. This makes it a unique residential area where no one rents and a huge 55.2% of people own their homes outright.
$150
—
- $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 Tarra Valley — lower than 86% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly loan payments are $1,867, which is about the same as the national figure. In contrast, weekly rent is much lower than most areas at just $150, far below the Victorian average of $370.
$1,867 —
Higher than 64% of suburb / locality areas.
- 2016: $1,320
- 2021: $1,867
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →Tarra Valley splits fairly evenly between $1,000–$1,799 (50%) and $1,800–$2,999 (50%).
Owning & renting
How homes are owned or rented.
Owning a home outright is far more common here than in the rest of Australia, with 55.2% of households owning their place fully. This helps explain why no households in the area are renting.
0.0% —
Lower than 99% of suburb / locality areas.
- 2016: 0.0%
- 2021: 0.0%
Share of occupied private dwellings that are rented.
55.2% —
Higher than 86% of suburb / locality areas.
- 2016: 44.4%
- 2021: 55.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Tarra Valley, Owned outright is the majority at 62%; Owned with a mortgage is next at 38%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes here tend to be smaller than in most areas, with 62.1% having three or more bedrooms, which is far below the Victorian average of 74.1%. Consequently, there are typically 0.70 people per bedroom.
0.70 —
Lower than 86% of suburb / locality areas.
- 2016: 0.60
- 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.
62.1% —
Lower than 84% of suburb / locality areas.
- 2016: 74.1%
- 2021: 62.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Tarra Valley, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Tarra Valley, the largest group is 3 bedrooms at 46%, followed by 2 bedrooms (31%) and 4 bedrooms (23%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Tarra Valley
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Tarra Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22454/tarra-valley/topic/housing-dwellings