$235 —
Lower than 65% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Wallacedale · Suburb / Locality
Housing & Dwellings in Wallacedale
Where and how people live — the homes, how they are held, and what they cost.
Far lower housing costs than most similar areas define Wallacedale. The typical monthly mortgage payment is just $1,083, which is far below the national figure. This makes it a more affordable place to live compared to the rest of the state and country.
$235
—
- $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 Wallacedale — lower than 65% of areas.
Housing costs
Rents, mortgages and crowding.
Weekly rent is typically $235, which is well below the Victorian average of $370. Mortgage payments are also much lower than in most areas, sitting at $1,083 a month.
$1,083 —
Lower than 82% of suburb / locality areas.
- 2016: $1,114
- 2021: $1,083
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →Wallacedale splits fairly evenly between Under $1,000 (40%) and $1,000–$1,799 (40%), with $3,000 or more at 20%.
Owning & renting
How homes are owned or rented.
A small number of households rent here at 12.1%, which is far below the national figure of 30.6%. Most people own their homes, with 39.4% paying off a mortgage and 33.3% owning theirs outright.
12.1% —
Lower than 66% of suburb / locality areas.
- 2016: 18.6%
- 2021: 12.1%
Share of occupied private dwellings that are rented.
33.3% —
Lower than 71% of suburb / locality areas.
- 2016: 25.6%
- 2021: 33.3%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Wallacedale, the largest group is Owned with a mortgage at 46%, followed by Owned outright (39%) and Rented (14%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Every single home in Wallacedale is a separate house. This is far above the national average, and it means 90.9% of homes have three or more bedrooms.
0.80 —
Lower than 57% of suburb / locality areas.
- 2016: 0.70
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
- 2016: 100.0%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
90.9% —
Higher than 80% of suburb / locality areas.
- 2016: 65.1%
- 2021: 90.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Wallacedale, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Wallacedale, the largest group is 3 bedrooms at 50%, followed by 4 bedrooms (25%) and 2 bedrooms (17%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Wallacedale
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Wallacedale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22657/wallacedale/topic/housing-dwellings