Victoria · State / Territory

Housing & Dwellings in Victoria

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.

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📍 Victoria, State / Territory

Where Victoria sits — Median rent (weekly)

$370
  • $200–$209: 1 area
  • $209–$218: 0 areas
  • $218–$227: 0 areas
  • $227–$236: 0 areas
  • $236–$245: 0 areas
  • $245–$254: 0 areas
  • $254–$263: 0 areas
  • $263–$271: 0 areas
  • $271–$280: 0 areas
  • $280–$289: 0 areas
  • $289–$298: 1 area
  • $298–$307: 1 area
  • $307–$316: 0 areas
  • $316–$325: 0 areas
  • $325–$334: 1 area
  • $334–$343: 1 area
  • $343–$352: 0 areas
  • $352–$361: 0 areas
  • $361–$370: 1 area
  • $370–$379: 1 area
  • $379–$388: 0 areas
  • $388–$396: 0 areas
  • $396–$405: 0 areas
  • $405–$414: 0 areas
  • $414–$423: 1 area
  • $423–$432: 0 areas
  • $432–$441: 0 areas
  • $441–$450: 1 area

All state / territory areas, 2021. The marker is Victoria.

Median rent (weekly) compared with the state and national average
Victoria$370
Australia $375

Housing costs

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

  • 2016: $325
  • 2021: $370

Median weekly rent paid by households renting their home.

$1,859 ▲ +9.4%

  • 2011: $1,700
  • 2016: $1,728
  • 2021: $1,859

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Victoria, the largest group is $350–$549 at 47%, followed by $200–$349 (30%) and Under $200 (10%).

Monthly mortgage distribution

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Victoria splits fairly evenly between $1,800–$2,999 (34%) and $1,000–$1,799 (31%), with $3,000 or more at 18%.

Owning & renting

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%

  • 2011: 26.5%
  • 2016: 28.7%
  • 2021: 28.5%

Share of occupied private dwellings that are rented.

32.2% ▼ -6.0%

  • 2011: 34.2%
  • 2016: 32.3%
  • 2021: 32.2%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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Victoria splits fairly evenly between Owned with a mortgage (36%) and Owned outright (32%), with Rented at 29%.

Types of homes

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%

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

73.4% ▼ -4.5%

  • 2011: 76.9%
  • 2016: 73.2%
  • 2021: 73.4%

Share of occupied private dwellings that are separate houses.

74.1% ▲ +0.1%

  • 2011: 74.0%
  • 2016: 72.8%
  • 2021: 74.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Victoria, Separate house is the majority at 74%; Townhouse / semi-detached is next at 14%.

Bedrooms per home

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In Victoria, the largest group is 3 bedrooms at 42%, followed by 4 bedrooms (27%) and 2 bedrooms (19%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Victoria

Cite this page

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