$477 —
Higher than 89% of state electorate areas.
- 2016: $425
- 2021: $477
Median weekly rent paid by households renting their home.
Mount Waverley (Eastern Metropolitan) · State Electorate
Housing & Dwellings in Mount Waverley (Eastern Metropolitan)
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,562 make Mount Waverley one of the most expensive places to live in its category. This high cost of entry is balanced by the fact that many residents own their homes outright. The area is dominated by large family houses, with over 85% of dwellings having three or more bedrooms.
$477
—
- $100–$118: 6 areas
- $118–$136: 1 area
- $136–$154: 0 areas
- $154–$171: 0 areas
- $171–$189: 4 areas
- $189–$207: 6 areas
- $207–$225: 10 areas
- $225–$243: 10 areas
- $243–$261: 21 areas
- $261–$279: 6 areas
- $279–$296: 16 areas
- $296–$314: 45 areas
- $314–$332: 33 areas
- $332–$350: 16 areas
- $350–$368: 38 areas
- $368–$386: 58 areas
- $386–$404: 44 areas
- $404–$421: 30 areas
- $421–$439: 21 areas
- $439–$457: 18 areas
- $457–$475: 12 areas
- $475–$493: 12 areas
- $493–$511: 6 areas
- $511–$529: 3 areas
- $529–$546: 3 areas
- $546–$564: 2 areas
- $564–$582: 4 areas
- $582–$600: 8 areas
All state electorate areas, 2021. The marker is Mount Waverley (Eastern Metropolitan) — higher than 89% of areas.
| Mount Waverley (Eastern Metropolitan) | $477 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Housing costs are well above the national figure, with typical weekly rents of $477 and monthly mortgage payments that rose $562 since 2016. These costs are among the highest for similar areas, and 40.7% of mortgage holders pay $3,000 or more each month.
$2,562 —
Higher than 91% of state electorate areas.
- 2016: $2,000
- 2021: $2,562
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Mount Waverley (Eastern Metropolitan), $350–$549 is the majority at 58%; $550–$749 is next at 25%.
Monthly mortgage distribution
View on map →In Mount Waverley (Eastern Metropolitan), the largest group is $3,000 or more at 44%, followed by $1,800–$2,999 (26%) and Under $1,000 (16%).
Owning & renting
How homes are owned or rented.
Home ownership is strong here, as the 41% who own their home outright is far above the Australian figure of 31%. Meanwhile, the 26.5% of households renting is well below the national average and has risen slightly since 2016.
26.5% —
Lower than 57% of state electorate areas.
- 2016: 24.7%
- 2021: 26.5%
Share of occupied private dwellings that are rented.
41.0% —
Higher than 87% of state electorate areas.
- 2016: 44.2%
- 2021: 41.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Mount Waverley (Eastern Metropolitan), the largest group is Owned outright at 41%, followed by Owned with a mortgage (30%) and Rented (27%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, with 85.6% of dwellings having three or more bedrooms, a figure far above the state and national averages. While separate houses make up 72.4% of the market, this has fallen slightly as more flats and apartments appear.
0.80 —
Lower than 71% of state electorate areas.
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
72.4% —
Lower than 67% of state electorate areas.
- 2016: 75.8%
- 2021: 72.4%
Share of occupied private dwellings that are separate houses.
85.6% —
Higher than 79% of state electorate areas.
- 2016: 85.8%
- 2021: 85.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Mount Waverley (Eastern Metropolitan), Separate house is the majority at 72%; Flat or apartment is next at 17%.
Bedrooms per home
View on map →In Mount Waverley (Eastern Metropolitan), the largest group is 3 bedrooms at 40%, followed by 4 bedrooms (34%) and 5 or more (12%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Mount Waverley (Eastern Metropolitan)
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Mount Waverley (Eastern Metropolitan) [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED25501/mount-waverley/topic/housing-dwellings