$615 —
Higher than 99% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Woodglen · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A shift in the housing market has left Woodglen with a stark contrast between owning and renting. While mortgage costs are very low, rental prices have climbed to be among the highest for areas of this type. This makes the local property market feel very different depending on whether you own your home or rent one.
All suburb / locality areas, 2021. The marker is Woodglen — higher than 99% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments are just $675, which is far below the Victorian figure of $1,859. In contrast, weekly rent is far above the national average at $615, which is $240 more than the typical Australian rent.
$615 —
Higher than 99% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$675 —
Lower than 94% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 23%, ahead of Owned with a mortgage (23%).
Woodglen splits fairly evenly between Owned outright (50%) and Owned with a mortgage (50%).
Houses, townhouses, apartments and bedrooms.
Homes in Woodglen are more crowded than usual, with 1.00 person per bedroom. This is well above the 0.80 recorded for both Victoria and Australia.
1.00 —
Higher than 89% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Woodglen, Separate house is the majority at 100%.
In Woodglen, 3 bedrooms is the majority at 63%; 5 or more is next at 38%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Woodglen [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22837/woodglen/topic/housing-dwellings