$300 ▲ +30.4%
Higher than 57% of suburb / locality areas.
- 2011: $230
- 2016: $245
- 2021: $300
Median weekly rent paid by households renting their home.
Prospect Vale · Suburb / Locality
Housing & Dwellings in Prospect Vale
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 79.7% of the homes in Prospect Vale. This area has a strong rate of home ownership, with 40.8% of dwellings owned outright. While it is a residential hub, the typical housing costs remain well below the national figures.
$300
▲ +30.4%
- $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 Vale — higher than 57% of areas.
Housing costs
Rents, mortgages and crowding.
The typical monthly mortgage payment is $1,430, which is a little above the Tasmanian figure but well below the Australian usual of $1,863. Weekly rent is around $300, which is about the same as the state average and well below the national figure.
$1,430 ▼ -4.7%
Lower than 63% of suburb / locality areas.
- 2011: $1,500
- 2016: $1,495
- 2021: $1,430
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Prospect Vale, $200–$349 is the majority at 55%; $350–$549 is next at 29%.
Monthly mortgage distribution
View on map →In Prospect Vale, $1,000–$1,799 is the majority at 51%; Under $1,000 is next at 23%.
Owning & renting
How homes are owned or rented.
Home ownership is high here, with 40.8% of homes owned outright, a figure well above both the state and national levels. About 26.0% of households rent, which is higher than most similar areas but well below the Australian average.
26.0% ▲ +5.9%
Higher than 73% of suburb / locality areas.
- 2011: 24.5%
- 2016: 25.9%
- 2021: 26.0%
Share of occupied private dwellings that are rented.
40.8% ▲ +6.3%
Lower than 51% of suburb / locality areas.
- 2011: 38.4%
- 2016: 37.8%
- 2021: 40.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Prospect Vale, the largest group is Owned outright at 41%, followed by Owned with a mortgage (31%) and Rented (26%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are common, though the proportion is well below the state average. Homes here tend to be smaller than in other areas, with 69.0% having three or more bedrooms—well below the state and national figures.
0.70 ▼ -30.0%
Lower than 86% of suburb / locality areas.
- 2011: 1.00
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
79.7% ▼ -1.6%
Lower than 81% of suburb / locality areas.
- 2011: 80.9%
- 2016: 80.0%
- 2021: 79.7%
Share of occupied private dwellings that are separate houses.
69.0% ▲ +0.4%
Lower than 74% of suburb / locality areas.
- 2011: 68.8%
- 2016: 68.2%
- 2021: 69.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Prospect Vale, Separate house is the majority at 80%; Flat or apartment is next at 14%.
Bedrooms per home
View on map →In Prospect Vale, the largest group is 3 bedrooms at 45%, followed by 2 bedrooms (28%) and 4 bedrooms (22%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Prospect Vale
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Prospect Vale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL60525/prospect-vale/topic/housing-dwellings