Formartin · Suburb / Locality

Housing & Dwellings in Formartin

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.

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📍 Formartin, Suburb / Locality

Where Formartin sits — Median rent (weekly)

$150
  • $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 Formartin — lower than 86% of areas.

Median rent (weekly) compared with the state and national average
Formartin$150
4404, QLD $175
Queensland $365
Australia $375

Housing costs

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.

  • 2016: $76
  • 2021: $150

Median weekly rent paid by households renting their home.

Owning & renting

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.

  • 2016: 15.6%
  • 2021: 16.0%

Share of occupied private dwellings that are rented.

60.0%

Higher than 90% of suburb / locality areas.

  • 2016: 56.3%
  • 2021: 60.0%

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

How homes are owned or rented

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In Formartin, Owned outright is the majority at 63%; Owned with a mortgage is next at 21%.

Types of homes

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.

  • 2016: 0.80
  • 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.

72.0%

Lower than 69% of suburb / locality areas.

  • 2016: 87.5%
  • 2021: 72.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Formartin, Separate house is the majority at 100%.

Bedrooms per home

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In Formartin, 4 bedrooms is the majority at 67%; 3 bedrooms is next at 33%.

Sources

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

More for Formartin

Cite this page

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