$450 —
Higher than 86% of state electorate areas.
- 2016: $420
- 2021: $450
Median weekly rent paid by households renting their home.
Richmond (Northern Metropolitan) · State Electorate
Housing & Dwellings in Richmond (Northern Metropolitan)
Where and how people live — the homes, how they are held, and what they cost.
Rent costs have risen by $30 since 2016 in Richmond (Northern Metropolitan), contributing to a housing market where over half of all households rent. This area is dominated by apartments and townhouses rather than detached houses. The typical monthly mortgage payment has also climbed to $2,300.
$450
—
- $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 Richmond (Northern Metropolitan) — higher than 86% of areas.
| Richmond (Northern Metropolitan) | $450 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $450, which is much higher than most areas and a little above the $375 national figure. Home loan payments are also high, with the typical monthly payment of $2,300 sitting a little above the Victorian average.
$2,300 —
Higher than 86% of state electorate areas.
- 2016: $2,200
- 2021: $2,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Richmond (Northern Metropolitan), the largest group is $350–$549 at 38%, followed by $550–$749 (22%) and $200–$349 (15%).
Monthly mortgage distribution
View on map →In Richmond (Northern Metropolitan), the largest group is $3,000 or more at 36%, followed by $1,800–$2,999 (31%) and $1,000–$1,799 (22%).
Owning & renting
How homes are owned or rented.
Renting is very common here, with 54.6% of households renting, a figure far above the national rate of 30.6%. Meanwhile, the 18.8% of homes owned outright is far below the Victorian average of 32.2%.
54.6% —
Higher than 95% of state electorate areas.
- 2016: 55.9%
- 2021: 54.6%
Share of occupied private dwellings that are rented.
18.8% —
Lower than 90% of state electorate areas.
- 2016: 18.3%
- 2021: 18.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Richmond (Northern Metropolitan), Rented is the majority at 55%; Owned with a mortgage is next at 24%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Small homes are the norm, as flats or apartments make up 52.3% of dwellings and separate houses are far less common than across Australia. This helps explain why the area has among the highest number of people per bedroom at 1.00.
1.00 —
Higher than 93% of state electorate areas.
- 2016: 1.00
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
11.8% —
Lower than 99% of state electorate areas.
- 2016: 13.4%
- 2021: 11.8%
Share of occupied private dwellings that are separate houses.
32.0% —
Lower than 99% of state electorate areas.
- 2016: 32.4%
- 2021: 32.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Richmond (Northern Metropolitan), Flat or apartment is the majority at 52%; Townhouse / semi-detached is next at 35%.
Bedrooms per home
View on map →In Richmond (Northern Metropolitan), the largest group is 2 bedrooms at 45%, followed by 3 bedrooms (26%) and 1 bedroom (21%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Richmond (Northern Metropolitan)
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Richmond (Northern Metropolitan) [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED27003/richmond/topic/housing-dwellings