$150 —
Lower than 86% of suburb / locality areas.
- 2016: $76
- 2021: $150
Median weekly rent paid by households renting their home.
Formartin · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A massive gap in housing costs defines Formartin, where typical home loan payments are much higher than most areas, yet weekly rents remain very low. The area is dominated by detached housing and a high proportion of people who own their homes outright.
All suburb / locality areas, 2021. The marker is Formartin — lower than 86% of areas.
| Formartin | $150 |
|---|---|
| 4404, QLD | $175 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,184, which is well above the Queensland figure of $1,733. In contrast, the typical weekly rent is just $150, far below the national figure of $375.
$150 —
Lower than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,184 —
Higher than 80% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
Home ownership is very strong here, with 60% of homes owned outright, which is far above the Australian figure of 31%. Only 16% of households rent, a figure far below the state average.
16.0% —
Lower than 52% of suburb / locality areas.
Share of occupied private dwellings that are rented.
60.0% —
Higher than 90% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Formartin, Owned outright is the majority at 63%; Owned with a mortgage is next at 21%.
Houses, townhouses, apartments and bedrooms.
Every single home in Formartin is a separate house. These homes are generally spacious, with 48% having four bedrooms, though there are fewer people per bedroom than in most other areas.
0.60 —
Lower than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
72.0% —
Lower than 69% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Formartin, Separate house is the majority at 100%.
In Formartin, 4 bedrooms is the majority at 67%; 3 bedrooms is next at 33%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Formartin [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL31071/formartin/topic/housing-dwellings