$250 —
Lower than 60% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Terip Terip · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A massive 63% of homes are owned outright in Terip Terip, a figure far above the national rate of 31%. This small area is defined by a lack of renters and a total reliance on detached housing. While mortgage payments are high, the overall housing profile is dominated by long-term owner-occupiers.
All suburb / locality areas, 2021. The marker is Terip Terip — lower than 60% of areas.
Rents, mortgages and crowding.
Typical monthly home-loan payments are $2,167, which is a little above the national figure. In contrast, weekly rents are well below the same for Victoria and Australia, sitting at $250.
$250 —
Lower than 60% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,167 —
Higher than 80% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
No households in the area rent, which is far below the national rate of 31%. Most people own their home outright, with 62.9% of households owning their property without a mortgage.
0.0% —
Lower than 99% of suburb / locality areas.
Share of occupied private dwellings that are rented.
62.9% —
Higher than 93% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Terip Terip, Owned outright is the majority at 79%; Owned with a mortgage is next at 21%.
Houses, townhouses, apartments and bedrooms.
Every single home in Terip Terip is a separate house, far above the national average of 72.3%. These homes tend to be large, with 74.3% having three or more bedrooms, though there are only 0.60 people per bedroom on average.
0.60 —
Lower than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
74.3% —
Lower than 63% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Terip Terip, Separate house is the majority at 100%.
In Terip Terip, 3 bedrooms is the majority at 58%; 4 bedrooms is next at 31%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Terip Terip [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22489/terip-terip/topic/housing-dwellings