Tresco · Suburb / Locality

Housing & Dwellings in Tresco

Where and how people live — the homes, how they are held, and what they cost.

Very low living costs define daily life in Tresco, where typical monthly mortgage payments are just $930. This makes housing far more affordable than in the rest of the state or country. Most people here live in detached houses and have a high rate of outright home ownership.

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📍 Tresco, Suburb / Locality

Where Tresco sits — Median rent (weekly)

$170 ▲ +13.3%
  • $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 Tresco — lower than 82% of areas.

Median rent (weekly) compared with the state and national average
Tresco$170
3583, VIC $170
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is only $170, which is far below the national figure of $375. Mortgage costs are also much lower than most areas, with 60.9% of households paying under $1,000 a month.

$170 ▲ +13.3%

Lower than 82% of suburb / locality areas.

  • 2011: $150
  • 2016: $150
  • 2021: $170

Median weekly rent paid by households renting their home.

$930 ▼ -22.0%

Lower than 87% of suburb / locality areas.

  • 2011: $1,192
  • 2016: $1,083
  • 2021: $930

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Tresco, Under $200 is the majority at 100%.

Monthly mortgage distribution

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In Tresco, Under $1,000 is the majority at 58%; $1,000–$1,799 is next at 42%.

Owning & renting

How homes are owned or rented.

Renting is uncommon here, with only 5.1% of households renting, a figure far below the Victorian average. Meanwhile, 39% of homes are owned outright, which is well above the Australian figure of 31%.

5.1% ▼ -77.6%

Lower than 89% of suburb / locality areas.

  • 2011: 22.7%
  • 2016: 16.9%
  • 2021: 5.1%

Share of occupied private dwellings that are rented.

39.0% ▼ -4.3%

Lower than 57% of suburb / locality areas.

  • 2011: 40.7%
  • 2016: 30.8%
  • 2021: 39.0%

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

How homes are owned or rented

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Tresco splits fairly evenly between Owned outright (43%) and Owned with a mortgage (43%), with Other tenure at 8%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 91.5% of all homes, far above the national figure of 72.3%. While 69.5% of homes have three or more bedrooms, this is actually lower than in most other areas.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 1.00
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

91.5% ▼ -7.0%

Lower than 64% of suburb / locality areas.

  • 2011: 98.5%
  • 2016: 96.9%
  • 2021: 91.5%

Share of occupied private dwellings that are separate houses.

69.5% ▼ -14.2%

Lower than 73% of suburb / locality areas.

  • 2011: 81.0%
  • 2016: 72.3%
  • 2021: 69.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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

Bedrooms per home

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In Tresco, the largest group is 3 bedrooms at 43%, followed by 4 bedrooms (33%) and 5 or more (13%).

Sources

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

More for Tresco

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Tresco [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22579/tresco/topic/housing-dwellings