Binalong Bay · Suburb / Locality

Housing & Dwellings in Binalong Bay

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

More than half of the homes in Binalong Bay are owned outright, making it an area where residents have far more security of tenure than most. This high rate of home ownership is a standout feature of the local housing market, which generally sees lower costs than the national average.

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📍 Binalong Bay, Suburb / Locality

Where Binalong Bay sits — Median rent (weekly)

$265 ▲ +43.2%
  • $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 Binalong Bay — lower than 55% of areas.

Median rent (weekly) compared with the state and national average
Binalong Bay$265
7216, TAS $245
Tasmania $290
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are $265, which is well below the national figure of $375. Monthly mortgage payments are also low, with the usual payment of $1,409 sitting well below the Australian average of $1,863.

$265 ▲ +43.2%

Lower than 55% of suburb / locality areas.

  • 2011: $185
  • 2016: $220
  • 2021: $265

Median weekly rent paid by households renting their home.

$1,409 ▲ +47.8%

Lower than 64% of suburb / locality areas.

  • 2011: $953
  • 2016: $1,500
  • 2021: $1,409

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Binalong Bay, $200–$349 is the majority at 68%; $550–$749 is next at 23%.

Monthly mortgage distribution

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In Binalong Bay, the largest group is $1,800–$2,999 at 43%, followed by $1,000–$1,799 (30%) and Under $1,000 (26%).

Owning & renting

How homes are owned or rented.

At 50.3%, the share of homes owned outright is far above the Tasmanian figure of 37.1% and the national rate of 31.0%. Meanwhile, 23.6% of households rent, which is a little below the state average.

23.6% ▲ +60.9%

Higher than 68% of suburb / locality areas.

  • 2011: 14.7%
  • 2016: 15.6%
  • 2021: 23.6%

Share of occupied private dwellings that are rented.

50.3% ▼ -24.5%

Higher than 75% of suburb / locality areas.

  • 2011: 66.7%
  • 2016: 59.3%
  • 2021: 50.3%

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

How homes are owned or rented

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In Binalong Bay, Owned outright is the majority at 52%; Rented is next at 24%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 92.5% of all homes, a figure far above the national average. However, homes with three or more bedrooms are far less common here than in most areas, with only 62.7% of dwellings fitting that description.

0.70 ▼ -30.0%

Lower than 86% of suburb / locality areas.

  • 2011: 1.00
  • 2016: 0.60
  • 2021: 0.70

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

92.5% ▲ +33.5%

Lower than 62% of suburb / locality areas.

  • 2011: 69.3%
  • 2016: 94.8%
  • 2021: 92.5%

Share of occupied private dwellings that are separate houses.

62.7% ▼ -5.3%

Lower than 83% of suburb / locality areas.

  • 2011: 66.2%
  • 2016: 60.7%
  • 2021: 62.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Binalong Bay, Separate house is the majority at 93%; Other dwelling is next at 7%.

Bedrooms per home

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In Binalong Bay, 3 bedrooms is the majority at 52%; 2 bedrooms is next at 26%.

Sources

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

More for Binalong Bay

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Binalong Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL60045/binalong-bay/topic/housing-dwellings