$145 —
Lower than 87% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Vesper · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Low living costs define the housing market in Vesper, where typical weekly rents are just $145. This affordable environment is shaped by a very high rate of outright home ownership, meaning most residents do not have to worry about mortgages or rising rents.
All suburb / locality areas, 2021. The marker is Vesper — lower than 87% of areas.
Rents, mortgages and crowding.
Weekly rents are much lower than most areas at $145, which is far below the Victorian figure of $370. Typical monthly home loan payments are also far below the national figure, sitting at just $650.
$145 —
Lower than 87% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$650 —
Lower than 95% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
Over half of all homes (53.8%) are owned outright, a figure far above the national average of 31%. Very few people rent here, with only 11.5% of households renting, which is far below the Victorian rate of 28.5%.
11.5% —
Lower than 68% of suburb / locality areas.
Share of occupied private dwellings that are rented.
53.8% —
Higher than 83% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Vesper, Owned outright is the majority at 82%; Rented is next at 18%.
Houses, townhouses, apartments and bedrooms.
Every single home in Vesper is a separate house, which is far above the national figure of 72.3%. While 65.4% of these homes have three or more bedrooms, this is well below the Australian average of 73.8%.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
65.4% —
Lower than 79% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Vesper, 3 bedrooms is the majority at 77%; 2 bedrooms is next at 23%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Vesper [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22630/vesper/topic/housing-dwellings