Happy Valley · Suburb / Locality

Housing & Dwellings in Happy Valley

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.

Open map →
📍 Happy Valley, Suburb / Locality

Where Happy Valley sits — Median rent (weekly)

$420 ▲ +0.5%
  • $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 Happy Valley — higher than 86% of areas.

Median rent (weekly) compared with the state and national average
Happy Valley$420
4825 crosses QLD/NT $260
Queensland $365
Australia $375

Housing costs

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.

  • 2011: $418
  • 2016: $380
  • 2021: $420

Median weekly rent paid by households renting their home.

$1,667 ▼ -19.3%

Higher than 53% of suburb / locality areas.

  • 2011: $2,065
  • 2016: $2,013
  • 2021: $1,667

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

View on map →

In Happy Valley, the largest group is $350–$549 at 47%, followed by Under $200 (19%) and $550–$749 (17%).

Monthly mortgage distribution

View on map →

Happy Valley splits fairly evenly between $1,000–$1,799 (47%) and $1,800–$2,999 (42%), with Under $1,000 at 7%.

Owning & renting

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.

  • 2011: 27.7%
  • 2016: 36.4%
  • 2021: 42.9%

Share of occupied private dwellings that are rented.

17.3% ▼ -28.6%

Lower than 92% of suburb / locality areas.

  • 2011: 24.2%
  • 2016: 16.0%
  • 2021: 17.3%

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

How homes are owned or rented

View on map →

Happy Valley splits fairly evenly between Rented (42%) and Owned with a mortgage (39%), with Owned outright at 17%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

97.8% ▲ +1.8%

Higher than 56% of suburb / locality areas.

  • 2011: 96.1%
  • 2016: 96.0%
  • 2021: 97.8%

Share of occupied private dwellings that are separate houses.

93.1% ▼ -2.2%

Higher than 86% of suburb / locality areas.

  • 2011: 95.2%
  • 2016: 91.6%
  • 2021: 93.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

View on map →

In Happy Valley, Separate house is the majority at 100%.

Bedrooms per home

View on map →

In Happy Valley, 3 bedrooms is the majority at 60%; 4 bedrooms is next at 27%.

Sources

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

More for Happy Valley

Cite this page

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