$400 —
Higher than 82% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Mount Magnificent · Suburb / Locality
Housing & Dwellings in Mount Magnificent
Where and how people live — the homes, how they are held, and what they cost.
Far higher costs than most similar areas define the housing market in Mount Magnificent. The typical monthly mortgage payment here is $2,167, which is well above the South Australian figure of $1,500.
$400
—
- $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 Mount Magnificent — higher than 82% of areas.
| Mount Magnificent | $400 |
|---|---|
| 5210, SA | $340 |
| South Australia | $300 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $400, a figure that is much higher than most similar areas and well above the state average. Monthly mortgage payments are also high at $2,167, which is a little above the national figure.
$2,167 —
Higher than 80% of suburb / locality areas.
- 2016: $1,950
- 2021: $2,167
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Mount Magnificent, $1,800–$2,999 is the majority at 77%; $3,000 or more is next at 23%.
Owning & renting
How homes are owned or rented.
Nobody in the area rents, a rate far below both the state and national figures. Most homes are owned with a mortgage, making up 62.5% of households, while 29.2% are owned outright.
0.0% —
Lower than 99% of suburb / locality areas.
- 2016: 0.0%
- 2021: 0.0%
Share of occupied private dwellings that are rented.
29.2% —
Lower than 79% of suburb / locality areas.
- 2016: 27.3%
- 2021: 29.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Mount Magnificent, Owned with a mortgage is the majority at 68%; Owned outright is next at 32%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every home in Mount Magnificent is a separate house, which is far above the state and national proportions. However, the area has far fewer homes with three or more bedrooms than most other areas, with only 58.3% fitting this description.
0.80 —
Lower than 57% of suburb / locality areas.
- 2016: 1.00
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
- 2016: 100.0%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
58.3% —
Lower than 87% of suburb / locality areas.
- 2016: 54.5%
- 2021: 58.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Mount Magnificent, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Mount Magnificent, the largest group is 3 bedrooms at 41%, followed by 2 bedrooms (23%) and 4 bedrooms (23%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Mount Magnificent
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mount Magnificent [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL40954/mount-magnificent/topic/housing-dwellings