$390 —
Higher than 86% of urban centre areas.
- 2016: $200
- 2021: $390
Median weekly rent paid by households renting their home.
Bannockburn · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
Almost every resident in Bannockburn lives in a detached house, with 95.5% of homes being separate dwellings. This creates a landscape dominated by large family homes, where 94.1% of houses have three or more bedrooms. It is a place where the vast majority of people own their own homes rather than rent.
All urban centre areas, 2021. The marker is Bannockburn — higher than 86% of areas.
Rents, mortgages and crowding.
Typical weekly rents have jumped by $190 since 2016 to reach $390, a figure much higher than most similar areas. Similarly, the usual monthly home loan payment is much higher than in most areas, rising by $671 since 2011 to hit $1,863.
$390 —
Higher than 86% of urban centre areas.
Median weekly rent paid by households renting their home.
$1,863 ▲ +56.3%
Higher than 84% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Bannockburn, $350–$549 is the majority at 64%; $200–$349 is next at 30%.
In Bannockburn, the largest group is $1,800–$2,999 at 44%, followed by $1,000–$1,799 (36%) and Under $1,000 (11%).
How homes are owned or rented.
Home ownership is very common here, as only 11.3% of households rent, which is far below the national figure of 30.6%. The number of people who own their home outright has fallen by 9.5 percentage points since 2011 to 28.8%, while 58.5% of homes are held with a mortgage.
11.3% ▼ -62.0%
Lower than 83% of urban centre areas.
Share of occupied private dwellings that are rented.
28.8% ▼ -24.8%
Lower than 78% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Bannockburn, Owned with a mortgage is the majority at 59%; Owned outright is next at 29%.
Houses, townhouses, apartments and bedrooms.
Separate houses are far more common here than in the rest of the state, making up 95.5% of all homes. Large properties dominate the area, with 54.5% of homes having four bedrooms and the proportion of houses with three or more bedrooms rising by 22 percentage points since 2011.
0.80 ▼ -27.3%
Higher than 57% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
95.5% ▲ +13.1%
Higher than 61% of urban centre areas.
Share of occupied private dwellings that are separate houses.
94.1% ▲ +30.3%
Higher than 94% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Bannockburn, Separate house is the majority at 96%; Townhouse / semi-detached is next at 4%.
In Bannockburn, 4 bedrooms is the majority at 54%; 3 bedrooms is next at 33%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Bannockburn [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL214002/bannockburn/topic/housing-dwellings