$1,050 —
Lower than 83% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Lake Manchester · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A gap of over $800 exists between typical monthly loan payments in Lake Manchester and the national figure. This sparsely populated area sees much lower housing costs than most other regions, though homes are more crowded than average.
Rents, mortgages and crowding.
The typical monthly home-loan payment is just $1,050, which is far below the Queensland figure of $1,733 and the Australian typical payment of $1,863.
$1,050 —
Lower than 83% 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 80%, ahead of Owned with a mortgage (80%).
Lake Manchester splits fairly evenly between Owned outright (50%) and Owned with a mortgage (50%).
Houses, townhouses, apartments and bedrooms.
Homes here are more crowded than most, with 1.00 person per bedroom. This is well above the figures for both Queensland and Australia, which sit at 0.80.
1.00 —
Higher than 89% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Lake Manchester, Separate house is the majority at 100%.
In Lake Manchester, 3 bedrooms is the majority at 56%; 2 bedrooms is next at 44%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Manchester [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL31616/lake-manchester/topic/housing-dwellings