$420 ▲ +0.5%
Higher than 86% of suburb / locality areas.
- 2011: $418
- 2016: $380
- 2021: $420
Median weekly rent paid by households renting their home.
Happy Valley · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Rental demand has surged in Happy Valley, where 42.9% of households now rent. This is far above the national figure and highlights a shift toward a more transient housing market. Most residents live in large, detached houses, though very few own their homes outright.
All suburb / locality areas, 2021. The marker is Happy Valley — higher than 86% of areas.
| Happy Valley | $420 |
|---|---|
| 4825 crosses QLD/NT | $260 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rents are much higher than most areas, typically reaching $420. Meanwhile, the usual monthly mortgage payment of $1,667 is a little below the Australian figure.
$420 ▲ +0.5%
Higher than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,667 ▼ -19.3%
Higher than 53% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Happy Valley, the largest group is $350–$549 at 47%, followed by Under $200 (19%) and $550–$749 (17%).
Happy Valley splits fairly evenly between $1,000–$1,799 (47%) and $1,800–$2,999 (42%), with Under $1,000 at 7%.
How homes are owned or rented.
Renting is very common here, with 42.9% of households renting—well above the Queensland rate of 33.1%. Only 17.3% of homes are owned outright, which is far below the state and national figures.
42.9% ▲ +54.7%
Higher than 89% of suburb / locality areas.
Share of occupied private dwellings that are rented.
17.3% ▼ -28.6%
Lower than 92% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Happy Valley splits fairly evenly between Rented (42%) and Owned with a mortgage (39%), with Owned outright at 17%.
Houses, townhouses, apartments and bedrooms.
Almost every home in Happy Valley is a separate house, with 97.8% of dwellings being detached. This is far above the national average, and 93.1% of these homes have 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.
97.8% ▲ +1.8%
Higher than 56% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
93.1% ▼ -2.2%
Higher than 86% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Happy Valley, Separate house is the majority at 100%.
In Happy Valley, 3 bedrooms is the majority at 60%; 4 bedrooms is next at 27%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Happy Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL31295/happy-valley/topic/housing-dwellings