$150 —
Lower than 86% of suburb / locality areas.
- 2016: $113
- 2021: $150
Median weekly rent paid by households renting their home.
Cherry Creek · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A typical weekly rent of just $150 makes Cherry Creek a far more affordable place to live than most of the country. While mortgage payments are about the same as the state average, the gap in rental costs is striking.
All suburb / locality areas, 2021. The marker is Cherry Creek — lower than 86% of areas.
| Cherry Creek | $150 |
|---|---|
| 4314, QLD | $230 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly loan payments are $1,700, which is about the same as the Queensland figure. However, weekly rents are far below both the state and national averages, sitting at only $150.
$150 —
Lower than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,700 —
Higher than 55% 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 43%, ahead of Rented (21%).
In Cherry Creek, Owned outright is the majority at 67%; Rented is next at 33%.
Houses, townhouses, apartments and bedrooms.
Homes in this area are more crowded than in most places, with 0.90 people per bedroom, a little above the Australian and Queensland figures.
0.90 —
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Cherry Creek, Separate house is the majority at 100%.
In Cherry Creek, 3 bedrooms is the majority at 100%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cherry Creek [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL30595/cherry-creek/topic/housing-dwellings