$285 ▲ +9.6%
Higher than 52% of suburb / locality areas.
- 2011: $260
- 2016: $250
- 2021: $285
Median weekly rent paid by households renting their home.
Waterford Park · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Far more homes in Waterford Park are separate houses than the national figure, with 100% of dwellings being detached. This is a predominantly owner-occupied area where housing costs are well below the state and national averages.
All suburb / locality areas, 2021. The marker is Waterford Park — higher than 52% of areas.
Rents, mortgages and crowding.
The typical monthly home-loan payment is $1,273, which is well below the Victorian figure of $1,859. Weekly rents are also much lower than elsewhere, sitting at $285 compared to the national figure of $375.
$285 ▲ +9.6%
Higher than 52% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,273 ▼ -1.9%
Lower than 73% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Waterford Park splits fairly evenly between Under $1,000 (45%) and $1,000–$1,799 (45%), with $1,800–$2,999 at 10%.
How homes are owned or rented.
Renting is very uncommon here, with only 7.5% of households renting, which is far below the national average of 30.6%. Most homes are owned with a mortgage (55%) or owned outright (32.5%).
7.5% ▼ -33.3%
Lower than 82% of suburb / locality areas.
Share of occupied private dwellings that are rented.
32.5% ▲ +4.0%
Lower than 73% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Waterford Park, Owned with a mortgage is the majority at 58%; Owned outright is next at 34%.
Houses, townhouses, apartments and bedrooms.
Every home in the area is a separate house, which is far above the national figure of 72.3%. These are typically large homes, with 96.3% having three or more bedrooms.
0.80 ▼ -27.3%
Lower than 57% 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.
96.3% ▼ -3.8%
Higher than 92% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Waterford Park, Separate house is the majority at 100%.
In Waterford Park, 3 bedrooms is the majority at 74%; 4 bedrooms is next at 15%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Waterford Park [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22717/waterford-park/topic/housing-dwellings