Prospect · Suburb / Locality

Housing & Dwellings in Prospect

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

Far more people rent their homes in Prospect than in other similar areas, with 34.5% of households renting. This trend stands out against the rest of South Australia and is paired with housing costs that sit well above the state average. Most residents live in separate houses, though these homes are typically smaller than the state norm.

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📍 Prospect, Suburb / Locality

Where Prospect sits — Median rent (weekly)

$350 ▲ +32.1%
  • $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 Prospect — higher than 71% of areas.

Median rent (weekly) compared with the state and national average
Prospect$350
5082, SA $340
South Australia $300
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical monthly mortgage payment of $1,929 is well above the South Australian figure of $1,500. Rent is also a little above the state average, with a typical weekly cost of $350.

$350 ▲ +32.1%

Higher than 71% of suburb / locality areas.

  • 2011: $265
  • 2016: $300
  • 2021: $350

Median weekly rent paid by households renting their home.

$1,929 ▲ +9.9%

Higher than 68% of suburb / locality areas.

  • 2011: $1,755
  • 2016: $1,900
  • 2021: $1,929

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Prospect, the largest group is $350–$549 at 45%, followed by $200–$349 (36%) and Under $200 (13%).

Monthly mortgage distribution

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In Prospect, the largest group is $1,800–$2,999 at 35%, followed by $1,000–$1,799 (29%) and $3,000 or more (20%).

Owning & renting

How homes are owned or rented.

Renting is much more common here than in most areas, while the 29.4% of homes owned outright is well below the South Australian average of 32.8%. Only about a third of households own their home with a mortgage.

34.5% ▲ +11.1%

Higher than 84% of suburb / locality areas.

  • 2011: 31.1%
  • 2016: 32.0%
  • 2021: 34.5%

Share of occupied private dwellings that are rented.

29.4% ▼ -6.3%

Lower than 79% of suburb / locality areas.

  • 2011: 31.3%
  • 2016: 30.2%
  • 2021: 29.4%

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

How homes are owned or rented

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Prospect splits fairly evenly between Rented (34%) and Owned with a mortgage (33%), with Owned outright at 29%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are less common here than in most areas, and the 66.7% of homes with three or more bedrooms is far below the state figure. Consequently, there are more people per bedroom than in most other areas.

0.90 ▼ -18.2%

Higher than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

67.9% ▼ -11.5%

Lower than 88% of suburb / locality areas.

  • 2011: 76.7%
  • 2016: 72.1%
  • 2021: 67.9%

Share of occupied private dwellings that are separate houses.

66.7% ▲ +4.9%

Lower than 77% of suburb / locality areas.

  • 2011: 63.6%
  • 2016: 66.4%
  • 2021: 66.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Prospect, Separate house is the majority at 68%; Townhouse / semi-detached is next at 17%.

Bedrooms per home

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In Prospect, the largest group is 3 bedrooms at 45%, followed by 2 bedrooms (28%) and 4 bedrooms (19%).

Sources

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

More for Prospect

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Prospect [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL41220/prospect/topic/housing-dwellings