$1,300 —
Lower than 71% of suburb / locality areas.
- 2016: $1,733
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
The Heart · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments in The Heart have remained more affordable than in most other areas. The typical home loan payment is $1,300, which is well below the national figure. This makes housing costs a standout feature for the local area.
Rents, mortgages and crowding.
The typical monthly home-loan payment of $1,300 is well below the Victorian average of $1,859 and the Australian figure of $1,863.
$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 0%, ahead of Owned with a mortgage (0%).
Houses, townhouses, apartments and bedrooms.
There are 0.80 people per bedroom, which is higher than most areas, although this is about the same as the state and national figures.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In The Heart, Separate house is the majority at 100%.
In The Heart, 4 bedrooms is the majority at 70%; 3 bedrooms is next at 30%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in The Heart [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22499/the-heart/topic/housing-dwellings