$210 —
Lower than 74% of urban centre areas.
- 2016: $170
- 2021: $210
Median weekly rent paid by households renting their home.
Moe - Newborough · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $1,083 in Moe - Newborough are far below the Victorian figure of $1,859. This area is much more affordable than most other regions, with both rents and home loan costs sitting well under the state and national figures.
All urban centre areas, 2021. The marker is Moe - Newborough — lower than 74% of areas.
Rents, mortgages and crowding.
Weekly rents are far below the national figure of $375, sitting at just $210. Mortgage costs have also dropped significantly, with the typical monthly payment falling $575 since 2011 to reach $1,083.
$210 —
Lower than 74% of urban centre areas.
Median weekly rent paid by households renting their home.
$1,083 ▼ -34.7%
Lower than 71% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Moe - Newborough, $200–$349 is the majority at 53%; Under $200 is next at 41%.
Moe - Newborough splits fairly evenly between Under $1,000 (45%) and $1,000–$1,799 (44%), with $1,800–$2,999 at 9%.
How homes are owned or rented.
Renting is much more common here than in most areas, rising to 31.1% since 2011. Meanwhile, 36.5% of homes are owned outright, which is well above the Victorian average of 32.2%.
31.1% ▲ +38.2%
Higher than 75% of urban centre areas.
Share of occupied private dwellings that are rented.
36.5% ▼ -3.9%
Lower than 59% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Moe - Newborough, the largest group is Owned outright at 37%, followed by Rented (31%) and Owned with a mortgage (28%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 82.4% of the market, which is far above the national figure. However, the share of homes with three or more bedrooms has fallen 15 points since 2011 to 69.2%.
0.70 ▼ -30.0%
Lower than 86% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
82.4% ▼ -8.9%
Lower than 86% of urban centre areas.
Share of occupied private dwellings that are separate houses.
69.2% ▼ -18.1%
Lower than 77% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Moe - Newborough, Separate house is the majority at 82%; Townhouse / semi-detached is next at 13%.
In Moe - Newborough, 3 bedrooms is the majority at 52%; 2 bedrooms is next at 22%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Moe - Newborough [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL213010/moe-newborough/topic/housing-dwellings