$365 —
Higher than 79% of urban centre areas.
- 2016: $313
- 2021: $365
Median weekly rent paid by households renting their home.
Lara · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 88.6% of the homes in Lara, creating a landscape dominated by detached living. The area has seen a significant shift toward larger family homes, with the typical monthly mortgage payment rising by $733 since 2011.
All urban centre areas, 2021. The marker is Lara — higher than 79% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments are $1,733 and weekly rents are $365, both of which are much higher than most similar areas. These figures are about the same as the state and national averages.
$365 —
Higher than 79% of urban centre areas.
Median weekly rent paid by households renting their home.
$1,733 ▲ +73.3%
Higher than 77% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Lara, $350–$549 is the majority at 60%; $200–$349 is next at 31%.
Lara splits fairly evenly between $1,800–$2,999 (40%) and $1,000–$1,799 (39%), with Under $1,000 at 13%.
How homes are owned or rented.
Mortgage holders make up the largest group at 46.5%, while those who own their home outright have fallen to 28.8% since 2011. Renting is much less common here than in the rest of Victoria or Australia, sitting at 22.5%.
22.5% ▼ -23.9%
Higher than 54% of urban centre areas.
Share of occupied private dwellings that are rented.
28.8% ▼ -21.4%
Lower than 78% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Lara, the largest group is Owned with a mortgage at 47%, followed by Owned outright (29%) and Rented (23%).
Houses, townhouses, apartments and bedrooms.
Large homes are very common, with 85.3% having three or more bedrooms, a figure far above the national average. This preference for bigger houses is reflected in the 88.6% of dwellings that are separate houses.
0.80 ▼ -27.3%
Higher than 57% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
88.6% ▲ +12.2%
Lower than 72% of urban centre areas.
Share of occupied private dwellings that are separate houses.
85.3% ▲ +25.8%
Higher than 76% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Lara, Separate house is the majority at 89%; Townhouse / semi-detached is next at 10%.
In Lara, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (39%) and 2 bedrooms (12%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lara [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL213008/lara/topic/housing-dwellings