$2,916 —
Higher than 91% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Teddywaddy · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Monthly home loan payments of $2,916 make Teddywaddy one of the most expensive places for mortgage holders in its category. This high cost of borrowing stands out as the defining feature of the local housing market.
Rents, mortgages and crowding.
The typical monthly home-loan payment is $2,916, which is well above the Victorian figure of $1,859 and the national figure of $1,863.
$2,916 —
Higher than 91% 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%).
Teddywaddy splits fairly evenly between Owned outright (50%) and Owned with a mortgage (50%).
Houses, townhouses, apartments and bedrooms.
Homes here are less crowded than in most areas, with only 0.70 people per bedroom, which is a little below the figures for Victoria and Australia.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Teddywaddy, Separate house is the majority at 100%.
Teddywaddy splits fairly evenly between 3 bedrooms (50%) and 4 bedrooms (50%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Teddywaddy [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22477/teddywaddy/topic/housing-dwellings