$450 ▲ +15.4%
Higher than 88% of suburb / locality areas.
- 2011: $390
- 2016: $400
- 2021: $450
Median weekly rent paid by households renting their home.
Monash · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Much higher housing costs than most areas define Monash, where the typical weekly rent and monthly mortgage payments are both significantly above the norm. The area is dominated by large family homes, with 87.4% of dwellings containing three or more bedrooms.
All suburb / locality areas, 2021. The marker is Monash — higher than 88% of areas.
| Monash | $450 |
|---|---|
| 2904, ACT | $462 |
| Australian Capital Territory | $450 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $450, which is a little above the national figure of $375. Mortgage payments are also high, with the usual monthly payment of $2,058 sitting slightly above the Australian average.
$450 ▲ +15.4%
Higher than 88% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,058 ▲ +10.5%
Higher than 74% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Monash, the largest group is $350–$549 at 47%, followed by $550–$749 (20%) and Under $200 (18%).
In Monash, the largest group is $1,800–$2,999 at 45%, followed by $1,000–$1,799 (24%) and $3,000 or more (16%).
How homes are owned or rented.
A high 36.1% of homes are owned outright, which is well above both the ACT and national figures. Meanwhile, the share of households renting is far below the state and national levels at just 19.2%.
19.2% ▼ -3.0%
Higher than 58% of suburb / locality areas.
Share of occupied private dwellings that are rented.
36.1% ▲ +6.4%
Lower than 64% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Monash splits fairly evenly between Owned with a mortgage (38%) and Owned outright (36%), with Rented at 19%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 86.1% of the stock, a figure far above the national average. This preference for larger homes is clear, as 87.4% of dwellings have three or more bedrooms, though there are fewer people per bedroom than in most areas.
0.70 ▼ -30.0%
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
86.1% ▲ +11.3%
Lower than 74% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
87.4% ▼ -4.9%
Higher than 72% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Monash, Separate house is the majority at 86%; Townhouse / semi-detached is next at 12%.
In Monash, the largest group is 3 bedrooms at 46%, followed by 4 bedrooms (34%) and 2 bedrooms (11%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Monash [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL80097/monash/topic/housing-dwellings