$300 —
Higher than 57% of suburb / locality areas.
- 2016: $130
- 2021: $300
Median weekly rent paid by households renting their home.
Oaks · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments of $3,337 are far higher than typical for the state in Oaks, making home ownership particularly expensive here. While rent remains affordable compared to the national figure, the high cost of loans stands out as the defining feature of the local housing market.
All suburb / locality areas, 2021. The marker is Oaks — higher than 57% of areas.
Rents, mortgages and crowding.
Typical monthly home-loan payments are far above the Tasmanian figure of $1,313. In contrast, weekly rent is about $300, which is similar to the state average and well below the Australian figure of $375.
$300 —
Higher than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$3,337 —
Higher than 95% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 63%, ahead of Owned with a mortgage (50%).
In Oaks, the largest group is Owned outright at 42%, followed by Owned with a mortgage (33%) and Rented (25%).
Houses, townhouses, apartments and bedrooms.
Homes in this area are more crowded than in most other areas, with an average of 0.80 people per bedroom.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Oaks, 3 bedrooms is the majority at 100%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Oaks [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL60472/oaks/topic/housing-dwellings