$412 —
Higher than 84% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Torwood · Suburb / Locality
Housing & Dwellings in Torwood
Where and how people live — the homes, how they are held, and what they cost.
More people share each bedroom in Torwood than in most similar areas, with 0.9 people per room. This reflects a housing market where typical mortgage payments are well below state and national figures, but rental prices remain high.
$412
—
- $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 Torwood — higher than 84% of areas.
Housing costs
Rents, mortgages and crowding.
While the typical monthly home loan payment is well below the Victorian figure at $1,471, renting is more expensive. Typical weekly rent is $412, which is a little above the national average of $375.
$1,471 —
Lower than 60% of suburb / locality areas.
- 2016: $2,300
- 2021: $1,471
Median monthly mortgage repayment for households with a mortgage.
Owning & renting
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 43%, ahead of Owned with a mortgage (29%).
How homes are owned or rented
View on map →In Torwood, Owned outright is the majority at 60%; Owned with a mortgage is next at 40%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes in Torwood are more crowded than usual, with 0.9 people per bedroom. This is a little above the figures for both Victoria and Australia, which both sit at 0.8.
0.90 —
Higher than 86% of suburb / locality areas.
- 2016: 1.20
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
Types of homes
View on map →In Torwood, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Torwood, 3 bedrooms is the majority at 67%; 4 bedrooms is next at 33%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Torwood
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Torwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22554/torwood/topic/housing-dwellings