$370 —
- 2016: $325
- 2021: $370
Median weekly rent paid by households renting their home.
Victoria · State / Territory
Where and how people live — the homes, how they are held, and what they cost.
More people have moved into rental properties in Victoria since 2011, while the share of homes owned outright has fallen. The state's housing market is now defined by a mix of ownership and rental trends, with typical weekly rents reaching $370.
All state / territory areas, 2021. The marker is Victoria.
| Victoria | $370 |
|---|---|
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are much higher than in most similar areas, though they are about the same as the national figure. Monthly mortgage payments have also climbed, rising by $159 since 2011 to reach $1,859.
$370 —
Median weekly rent paid by households renting their home.
$1,859 ▲ +9.4%
Median monthly mortgage repayment for households with a mortgage.
In Victoria, the largest group is $350–$549 at 47%, followed by $200–$349 (30%) and Under $200 (10%).
Victoria splits fairly evenly between $1,800–$2,999 (34%) and $1,000–$1,799 (31%), with $3,000 or more at 18%.
How homes are owned or rented.
About 32.2% of homes are owned outright, which is a little above the national figure but down from 2011. Meanwhile, the share of households renting rose 2.0 percentage points over that decade to 28.5%.
28.5% ▲ +7.5%
Share of occupied private dwellings that are rented.
32.2% ▼ -6.0%
Share of occupied private dwellings owned outright (no mortgage).
Victoria splits fairly evenly between Owned with a mortgage (36%) and Owned outright (32%), with Rented at 29%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 73.4% of the market, although this is 3.5 percentage points lower than in 2011. Most homes are spacious, with 74.1% having three or more bedrooms.
0.80 ▼ -27.3%
Average number of usual residents per bedroom — a crowding measure.
73.4% ▼ -4.5%
Share of occupied private dwellings that are separate houses.
74.1% ▲ +0.1%
Share of occupied private dwellings with three or more bedrooms.
In Victoria, Separate house is the majority at 74%; Townhouse / semi-detached is next at 14%.
In Victoria, the largest group is 3 bedrooms at 42%, followed by 4 bedrooms (27%) and 2 bedrooms (19%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Victoria [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ste/2/victoria/topic/housing-dwellings