$300 ▲ +130.8%
Higher than 57% of suburb / locality areas.
- 2011: $130
- 2016: $250
- 2021: $300
Median weekly rent paid by households renting their home.
Redbanks · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Far lower home-loan payments than the national figure define the housing market in Redbanks. This area is almost entirely made up of separate houses, with a typical monthly mortgage payment of $1,083. While it has a high proportion of homeowners, the typical weekly rent of $300 remains well below the Australian average.
All suburb / locality areas, 2021. The marker is Redbanks — higher than 57% of areas.
| Redbanks | $300 |
|---|---|
| 5502, SA | $295 |
| South Australia | $300 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are much lower than most areas, sitting well below the South Australian figure by $417. Weekly rents are about the same as the state average, though they are $75 lower than the national typical rent.
$300 ▲ +130.8%
Higher than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,083 ▼ -16.7%
Lower than 82% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Redbanks, $200–$349 is the majority at 100%.
In Redbanks, $1,000–$1,799 is the majority at 55%; Under $1,000 is next at 45%.
How homes are owned or rented.
Home ownership is common here, with 36.8% of homes owned outright, which is well above the national figure. Only 14.7% of households rent, a rate far below both the state and national averages.
14.7% ▼ -10.4%
Lower than 56% of suburb / locality areas.
Share of occupied private dwellings that are rented.
36.8% ▲ +29.6%
Lower than 62% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Redbanks, the largest group is Owned with a mortgage at 44%, followed by Owned outright (34%) and Rented (14%).
Houses, townhouses, apartments and bedrooms.
Every single home in Redbanks is a separate house, a figure far above the state and national averages. While homes with three or more bedrooms are well below the state average, there are a little more people per bedroom than the usual national figure.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% ▲ +4.7%
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
73.5% ▼ -0.5%
Lower than 65% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Redbanks, Separate house is the majority at 100%.
In Redbanks, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (32%) and 2 bedrooms (19%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Redbanks [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL41240/redbanks/topic/housing-dwellings