$330 ▲ +17.9%
Higher than 66% of suburb / locality areas.
- 2011: $280
- 2016: $300
- 2021: $330
Median weekly rent paid by households renting their home.
Torrens Park · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,167 are much higher than most areas in Torrens Park. This reflects a local housing market where costs are well above the state average, though a high number of residents own their homes outright.
All suburb / locality areas, 2021. The marker is Torrens Park — higher than 66% of areas.
| Torrens Park | $330 |
|---|---|
| 5062, SA | $340 |
| South Australia | $300 |
| Australia | $375 |
Rents, mortgages and crowding.
The typical monthly home loan is $2,167, which is well above the South Australian figure of $1,500. Weekly rents are also higher than most areas, though they sit a little below the national figure at $330.
$330 ▲ +17.9%
Higher than 66% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,167 ▲ +0.8%
Higher than 80% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Torrens Park, the largest group is $200–$349 at 48%, followed by $350–$549 (33%) and $550–$749 (10%).
In Torrens Park, the largest group is $3,000 or more at 35%, followed by $1,800–$2,999 (25%) and $1,000–$1,799 (23%).
How homes are owned or rented.
Outright home ownership is well above the state and national figures, sitting at 40.8%. Meanwhile, the percentage of households renting is far below the Australian average.
19.6% ▼ -6.1%
Higher than 58% of suburb / locality areas.
Share of occupied private dwellings that are rented.
40.8% ▲ +4.6%
Lower than 51% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Torrens Park splits fairly evenly between Owned outright (41%) and Owned with a mortgage (37%), with Rented at 20%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 69.8% of the area, which is well below the South Australian figure. About 73.1% of homes have three or more bedrooms, and the typical number of people per bedroom is 0.80.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
69.8% ▼ -5.8%
Lower than 87% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
73.1% ▲ +4.9%
Lower than 66% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Torrens Park, Separate house is the majority at 69%; Flat or apartment is next at 17%.
In Torrens Park, the largest group is 3 bedrooms at 37%, followed by 4 bedrooms (28%) and 2 bedrooms (24%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Torrens Park [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL41464/torrens-park/topic/housing-dwellings