$1,300 —
Lower than 71% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Terrappee · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Cheaper monthly mortgage payments make life more affordable for many in Terrappee. The typical home loan cost here is well below both the state and national figures, marking it as a more budget-friendly option than most areas.
Rents, mortgages and crowding.
Monthly home loan payments typically sit at $1,300, which is $559 lower than the Victorian average and $563 below the national figure.
$1,300 —
Lower than 71% 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 60%, ahead of Owned with a mortgage (0%).
In Terrappee, Owned outright is the majority at 100%.
Houses, townhouses, apartments and bedrooms.
People per bedroom is 0.80, a figure that is higher than most areas but about the same as the state and national averages.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Terrappee, Separate house is the majority at 100%.
In Terrappee, 3 bedrooms is the majority at 56%; 4 bedrooms is next at 44%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Terrappee [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22490/terrappee/topic/housing-dwellings