Wacol · Suburb / Locality

Housing & Dwellings in Wacol

Where and how people live — the homes, how they are held, and what they cost.

Forty-five per cent of households rent in Wacol, a figure far above the national average. This high rental rate sits alongside a housing market where typical mortgage payments are well below the Australian figure. It is an area dominated by larger family homes.

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📍 Wacol, Suburb / Locality

Where Wacol sits — Median rent (weekly)

$320 ▲ +98.8%
  • $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 Wacol — higher than 63% of areas.

Median rent (weekly) compared with the state and national average
Wacol$320
4076, QLD $350
Queensland $365
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments of $1,387 are lower than most areas and well below the Australian figure. While typical weekly rents are $320, which is higher than most similar areas, this remains a little below the state and national figures.

$320 ▲ +98.8%

Higher than 63% of suburb / locality areas.

  • 2011: $161
  • 2016: $305
  • 2021: $320

Median weekly rent paid by households renting their home.

$1,387 ▼ -13.5%

Lower than 66% of suburb / locality areas.

  • 2011: $1,603
  • 2016: $1,428
  • 2021: $1,387

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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Wacol splits fairly evenly between $350–$549 (43%) and $200–$349 (38%), with Under $200 at 16%.

Monthly mortgage distribution

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In Wacol, $1,000–$1,799 is the majority at 68%; $1,800–$2,999 is next at 26%.

Owning & renting

How homes are owned or rented.

Renting is very common here, with 45% of households renting, which is far above the national figure of 30.6%. Meanwhile, those who own their homes outright make up 28% of the area, a figure slightly below the state and national levels.

45.0% ▲ +20.3%

Higher than 90% of suburb / locality areas.

  • 2011: 37.4%
  • 2016: 47.7%
  • 2021: 45.0%

Share of occupied private dwellings that are rented.

28.0% ▼ -16.6%

Lower than 81% of suburb / locality areas.

  • 2011: 33.6%
  • 2016: 22.7%
  • 2021: 28.0%

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

How homes are owned or rented

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In Wacol, the largest group is Rented at 45%, followed by Owned outright (28%) and Owned with a mortgage (22%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Large homes are the norm, with 83.7% of dwellings having three or more bedrooms, well above the national average. Separate houses make up 82.4% of the market, which is far above the Australian figure.

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.

82.4% ▼ -17.6%

Lower than 78% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 79.4%
  • 2021: 82.4%

Share of occupied private dwellings that are separate houses.

83.7% ▼ -7.8%

Higher than 62% of suburb / locality areas.

  • 2011: 90.8%
  • 2016: 84.8%
  • 2021: 83.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Wacol, Separate house is the majority at 83%; Townhouse / semi-detached is next at 17%.

Bedrooms per home

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In Wacol, 3 bedrooms is the majority at 65%; 4 bedrooms is next at 14%.

Sources

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

More for Wacol

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Wacol [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL32950/wacol/topic/housing-dwellings