Waratah Bay · Suburb / Locality

Housing & Dwellings in Waratah Bay

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

Every single home in Waratah Bay is a separate detached house, making it one of the most uniform areas for housing type. This is a place where the vast majority of residents own their homes outright, which stands in stark contrast to the exceptionally high weekly rents found here.

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📍 Waratah Bay, Suburb / Locality

Where Waratah Bay sits — Median rent (weekly)

$2,358
  • $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 Waratah Bay — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
Waratah Bay$2,358
3959, VIC $250
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are among the highest at this level, sitting at $2,358, which is far above the national figure of $375. Monthly home loan payments are around $2,000, about the same as the typical amount paid across Victoria and Australia.

$2,000

Higher than 72% of suburb / locality areas.

  • 2016: $1,322
  • 2021: $2,000

Median monthly mortgage repayment for households with a mortgage.

Owning & renting

How homes are owned or rented.

A huge 91.7% of homes are owned outright, a figure far above the 31% seen nationally. Only 16.7% of households rent, which is far below the Victorian average of 28.5%.

16.7%

Higher than 50% of suburb / locality areas.

  • 2016: 0.0%
  • 2021: 16.7%

Share of occupied private dwellings that are rented.

91.7%

Higher than 99% of suburb / locality areas.

  • 2016: 65.0%
  • 2021: 91.7%

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

How homes are owned or rented

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In Waratah Bay, Owned outright is the majority at 85%; Rented is next at 15%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Homes here are typically large and spacious, with 87.5% having three or more bedrooms. This helps explain why there are only 0.6 people per bedroom, a figure well below the national average of 0.8.

0.60

Lower than 93% of suburb / locality areas.

  • 2016: 0.60
  • 2021: 0.60

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.

87.5%

Higher than 72% of suburb / locality areas.

  • 2016: 85.0%
  • 2021: 87.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Waratah Bay, Separate house is the majority at 100%.

Bedrooms per home

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In Waratah Bay, 4 bedrooms is the majority at 58%; 3 bedrooms is next at 29%.

Sources

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

More for Waratah Bay

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Waratah Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22688/waratah-bay/topic/housing-dwellings