$435 —
Higher than 87% of suburb / locality areas.
- 2016: $434
- 2021: $435
Median weekly rent paid by households renting their home.
Redwood · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
High monthly costs for mortgages and rent define the housing market in Redwood, where 100% of homes are separate houses. It is an area of large, detached homes where the vast majority of residents own their property. This makes it very different from the state and national patterns of housing.
All suburb / locality areas, 2021. The marker is Redwood — higher than 87% of areas.
| Redwood | $435 |
|---|---|
| 4350, QLD | $305 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly home loan payments are $2,500, which is well above the Queensland figure of $1,733. Renters also pay more than usual, with a typical weekly rent of $435.
$435 —
Higher than 87% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,500 —
Higher than 88% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Redwood, $3,000 or more is the majority at 63%; Under $1,000 is next at 19%.
How homes are owned or rented.
Home ownership is very high here, with 61.4% of homes owned outright—far above the national figure of 31.0%. Only 7.0% of households rent, which is much lower than most areas.
7.0% —
Lower than 83% of suburb / locality areas.
Share of occupied private dwellings that are rented.
61.4% —
Higher than 92% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Redwood, Owned outright is the majority at 59%; Owned with a mortgage is next at 34%.
Houses, townhouses, apartments and bedrooms.
Every home in Redwood is a separate house, and 96.5% have three or more bedrooms. Because homes are so large, there are only 0.60 people per bedroom, which is well below the national figure.
0.60 ▼ -40.0%
Lower than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
96.5% —
Higher than 93% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Redwood, Separate house is the majority at 100%.
In Redwood, the largest group is 4 bedrooms at 45%, followed by 5 or more (35%) and 3 bedrooms (20%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Redwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL32413/redwood/topic/housing-dwellings