# Housing & Dwellings — Oaks Estate

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

Area: Oaks Estate (Suburb / Locality)

Far fewer separate houses are found in Oaks Estate compared to the rest of the territory. This small area is dominated by rental properties and smaller homes, with housing costs that sit well below both the ACT and national figures.

Typical weekly rent is $220, which is far below the national figure of $375. Home-loan payments are also lower than average, with the usual monthly payment of $1,575 sitting well below the ACT's $2,080.

Small homes are the norm, as separate houses make up only 38.3% of dwellings, which is far below the national figure of 72.3%. Because 46.8% of homes have three or more bedrooms—far below the state average—there are more people per bedroom than usual.

Renting is very common here, with 45.4% of households renting, a figure far above the national average of 30.6%. Conversely, the 18.4% of homes owned outright is far below the Australian figure of 31.0%.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Median rent (weekly) | $220 | +89.7% since 2011 |
| Median mortgage repayment (monthly) | $1,575 | -1.6% since 2011 |
| Average people per bedroom | 0.90 | -10.0% since 2011 |
| Households renting | 45.4% | -24.9% since 2011 |
| Homes owned outright | 18.4% | +39.8% since 2011 |
| Separate (detached) houses | 38.3% | -4.9% since 2011 |
| Homes with three or more bedrooms | 46.8% | +60.5% since 2011 |

**How homes are owned or rented** — Rented 45.4%, Owned with a mortgage 34.0%, Owned outright 18.4%, Not stated 2.8%, Other tenure 2.1%

**Types of homes** — Flat or apartment 44.0%, Separate house 38.3%, Townhouse / semi-detached 15.6%

**Bedrooms per home** — 3 bedrooms 36.2%, 1 bedroom 31.2%, 2 bedrooms 17.7%, 4 bedrooms 6.4%, 5 or more 4.3%

**Weekly rent distribution** — $200–$349 34.4%, Under $200 31.3%, $350–$549 12.5%, $550–$749 9.4%

**Monthly mortgage distribution** — $1,000–$1,799 43.8%, $1,800–$2,999 16.7%, $3,000 or more 8.3%, Under $1,000 6.3%

Interactive: https://censusatlas.au/region/sal/SAL80104/oaks-estate/topic/housing-dwellings