Terip Terip · Suburb / Locality

Housing & Dwellings in Terip Terip

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.

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📍 Terip Terip, Suburb / Locality

Where Terip Terip sits — Median rent (weekly)

$250
  • $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 Terip Terip — lower than 60% of areas.

Median rent (weekly) compared with the state and national average
Terip Terip$250
3719, VIC $235
Victoria $370
Australia $375

Housing costs

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.

$2,167

Higher than 80% of suburb / locality areas.

  • 2016: $1,034
  • 2021: $2,167

Median monthly mortgage repayment for households with a mortgage.

Owning & renting

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.

  • 2016: 0.0%
  • 2021: 0.0%

Share of occupied private dwellings that are rented.

62.9%

Higher than 93% of suburb / locality areas.

  • 2016: 70.4%
  • 2021: 62.9%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Terip Terip, Owned outright is the majority at 79%; Owned with a mortgage is next at 21%.

Types of homes

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.

  • 2016: 0.60
  • 2021: 0.60

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.

74.3%

Lower than 63% of suburb / locality areas.

  • 2016: 96.3%
  • 2021: 74.3%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Terip Terip, Separate house is the majority at 100%.

Bedrooms per home

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In Terip Terip, 3 bedrooms is the majority at 58%; 4 bedrooms is next at 31%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Terip Terip

Cite this page

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