$150 —
Lower than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Homestead · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments are just $693 in Homestead, making it one of the most affordable places to live in the region. This low cost of housing is a standout feature for the area, with both rents and loans sitting far below state and national figures.
All suburb / locality areas, 2021. The marker is Homestead — lower than 86% of areas.
| Homestead | $150 |
|---|---|
| 4820, QLD | $220 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rent is much lower than most areas at only $150. This is far below the Queensland figure of $365 and the Australian average of $375.
$150 —
Lower than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$693 —
Lower than 94% 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 86%, ahead of Owned with a mortgage (21%).
In Homestead, Owned outright is the majority at 67%; Owned with a mortgage is next at 17%.
Houses, townhouses, apartments and bedrooms.
Homes here are less crowded than in most areas, with a typical 0.70 people per bedroom, which is a little below the national figure of 0.80.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Homestead, Separate house is the majority at 100%.
In Homestead, 3 bedrooms is the majority at 73%; 2 bedrooms is next at 27%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Homestead [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL31354/homestead/topic/housing-dwellings