$100 —
Lower than 94% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Teal Point · Suburb / Locality
Housing & Dwellings in Teal Point
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents as low as $100 make Teal Point one of the most affordable places to live in the region. This sparse area sees housing costs sit well below both the state and national figures, offering a stark contrast to more expensive urban centres.
$100
—
- $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 Teal Point — lower than 94% of areas.
Housing costs
Rents, mortgages and crowding.
A typical monthly home loan payment is $1,300, which is well below the Victorian figure of $1,859. Renting is even cheaper, with a typical weekly cost of $100, far below the national figure of $375.
$1,300 —
Lower than 71% of suburb / locality areas.
- 2016: $1,283
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Teal Point, $1,000–$1,799 is the majority at 57%; Under $1,000 is next at 43%.
Owning & renting
How homes are owned or rented.
The most common how homes are owned or rented is Owned with a mortgage at 53%, ahead of Owned outright (32%).
How homes are owned or rented
View on map →In Teal Point, Owned with a mortgage is the majority at 63%; Owned outright is next at 38%.
Types of homes
Houses, townhouses, apartments and bedrooms.
People per bedroom sit at 0.80, which is about the same as the figures for Victoria and Australia, though this is higher than most similar areas.
0.80 —
Lower than 57% of suburb / locality areas.
- 2016: 0.70
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
Types of homes
View on map →In Teal Point, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Teal Point, 3 bedrooms is the majority at 70%; 4 bedrooms is next at 30%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Teal Point
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Teal Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22475/teal-point/topic/housing-dwellings