$150 ▼ -60.0%
Lower than 86% of suburb / locality areas.
- 2011: $375
- 2016: $65
- 2021: $150
Median weekly rent paid by households renting their home.
Underbool · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly mortgage payment of just $433 makes housing in Underbool far more affordable than in most of the country. This is a place where home ownership is the norm and housing costs are exceptionally low compared to state and national figures.
All suburb / locality areas, 2021. The marker is Underbool — lower than 86% of areas.
Rents, mortgages and crowding.
Weekly rents are much lower than most areas at $150, which is far below the Victorian figure of $370. This affordability extends to mortgages, with typical monthly payments sitting far below the national average.
$150 ▼ -60.0%
Lower than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$433 ▼ -3.8%
Lower than 99% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Underbool, Under $1,000 is the majority at 100%.
How homes are owned or rented.
Owning a home outright is very common here, with 67.7% of residents doing so—far above the national figure of 31.0%. Consequently, the share of households renting is much lower than most areas at only 6.5%.
6.5% ▲ +32.3%
Lower than 85% of suburb / locality areas.
Share of occupied private dwellings that are rented.
67.7% ▼ -10.4%
Higher than 98% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Underbool, Owned outright is the majority at 66%; Owned with a mortgage is next at 16%.
Houses, townhouses, apartments and bedrooms.
Every single home in Underbool is a separate house, and 84.9% have three or more bedrooms. Despite these larger homes, the number of people per bedroom is well below the Australian average of 0.80.
0.60 ▼ -45.5%
Lower than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% → 0.0%
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
84.9% ▲ +1.2%
Higher than 65% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Underbool, Separate house is the majority at 100%.
In Underbool, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (38%) and 2 bedrooms (13%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Underbool [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22612/underbool/topic/housing-dwellings