$411 —
Higher than 75% of state electorate areas.
- 2016: $361
- 2021: $411
Median weekly rent paid by households renting their home.
Northcote (Northern Metropolitan) · State Electorate
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments in Northcote have risen by $200 since 2016, reflecting a local housing market where costs are much higher than most areas. The suburb is dominated by a high proportion of renters and smaller home types. This combination makes it a more expensive and denser place to live than the state average.
All state electorate areas, 2021. The marker is Northcote (Northern Metropolitan) — higher than 75% of areas.
| Northcote (Northern Metropolitan) | $411 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are $411, which is much higher than most areas and a little above the national figure of $375. Home loans are also costly, with the usual monthly payment of $2,200 sitting a little above the Victorian average.
$411 —
Higher than 75% of state electorate areas.
Median weekly rent paid by households renting their home.
$2,200 —
Higher than 82% of state electorate areas.
Median monthly mortgage repayment for households with a mortgage.
In Northcote (Northern Metropolitan), the largest group is $350–$549 at 40%, followed by $200–$349 (25%) and $550–$749 (20%).
Northcote (Northern Metropolitan) splits fairly evenly between $3,000 or more (34%) and $1,800–$2,999 (30%), with $1,000–$1,799 at 22%.
How homes are owned or rented.
Renting is very common here, with 39.2% of households renting, a figure far above the state average of 28.5%. Conversely, the 28.4% who own their home outright is well below the Victorian figure of 32.2%.
39.2% —
Higher than 80% of state electorate areas.
Share of occupied private dwellings that are rented.
28.4% —
Lower than 62% of state electorate areas.
Share of occupied private dwellings owned outright (no mortgage).
In Northcote (Northern Metropolitan), the largest group is Rented at 39%, followed by Owned with a mortgage (30%) and Owned outright (28%).
Houses, townhouses, apartments and bedrooms.
Separate houses are much less common than in most areas, making up only 49.6% of homes. This helps explain why homes with three or more bedrooms are far below the national average of 73.8%.
0.90 —
Higher than 86% of state electorate areas.
Average number of usual residents per bedroom — a crowding measure.
49.6% —
Lower than 88% of state electorate areas.
Share of occupied private dwellings that are separate houses.
50.9% —
Lower than 91% of state electorate areas.
Share of occupied private dwellings with three or more bedrooms.
In Northcote (Northern Metropolitan), the largest group is Separate house at 50%, followed by Flat or apartment (25%) and Townhouse / semi-detached (24%).
Northcote (Northern Metropolitan) splits fairly evenly between 3 bedrooms (36%) and 2 bedrooms (34%), with 1 bedroom at 14%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Northcote (Northern Metropolitan) [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED26303/northcote/topic/housing-dwellings