$331 —
Higher than 70% of urban centre areas.
- 2016: $359
- 2021: $331
Median weekly rent paid by households renting their home.
Cowes · Urban Centre
Housing & Dwellings in Cowes
Where and how people live — the homes, how they are held, and what they cost.
Nearly half of all homes are owned outright in Cowes, making it an area with much higher home ownership than most of the country. While costs for mortgages and rent are higher than in many similar areas, they remain a little below the Victorian and national figures.
$331
—
- $0–$21: 2 areas
- $21–$43: 6 areas
- $43–$64: 18 areas
- $64–$86: 38 areas
- $86–$107: 35 areas
- $107–$129: 46 areas
- $129–$150: 25 areas
- $150–$171: 104 areas
- $171–$193: 82 areas
- $193–$214: 143 areas
- $214–$236: 130 areas
- $236–$257: 175 areas
- $257–$279: 114 areas
- $279–$300: 125 areas
- $300–$321: 194 areas
- $321–$343: 101 areas
- $343–$364: 128 areas
- $364–$386: 82 areas
- $386–$407: 92 areas
- $407–$429: 41 areas
- $429–$450: 24 areas
- $450–$471: 32 areas
- $471–$493: 13 areas
- $493–$514: 19 areas
- $514–$536: 14 areas
- $536–$557: 9 areas
- $557–$579: 6 areas
- $579–$600: 15 areas
All urban centre areas, 2021. The marker is Cowes — higher than 70% of areas.
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $331, which is higher than most areas but fell by $28 since 2016. Typical monthly mortgage payments are $1,550, a little below the Victorian figure and up $50 from 2011.
$1,550 ▲ +3.3%
Higher than 65% of urban centre areas.
- 2011: $1,500
- 2016: $1,950
- 2021: $1,550
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →Cowes splits fairly evenly between $200–$349 (46%) and $350–$549 (44%), with Under $200 at 9%.
Monthly mortgage distribution
View on map →In Cowes, the largest group is $1,000–$1,799 at 42%, followed by $1,800–$2,999 (24%) and Under $1,000 (23%).
Owning & renting
How homes are owned or rented.
Home ownership is very strong here, with 47.5% of homes owned outright, a figure far above the national average. Renting is more common than in most similar areas, though at 25.7%, it is well below the Australian figure.
25.7% ▲ +4.5%
Higher than 63% of urban centre areas.
- 2011: 24.6%
- 2016: 17.3%
- 2021: 25.7%
Share of occupied private dwellings that are rented.
47.5% ▲ +35.9%
Higher than 76% of urban centre areas.
- 2011: 35.0%
- 2016: 30.3%
- 2021: 47.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Cowes, the largest group is Owned outright at 47%, followed by Rented (26%) and Owned with a mortgage (22%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are very common, making up 83.8% of all homes, which is far above the national figure. Most homes are large, with 77.9% having three or more bedrooms, although the number of people per bedroom has fallen since 2011.
0.70 ▼ -36.4%
Lower than 86% of urban centre areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
83.8% ▼ -3.6%
Lower than 84% of urban centre areas.
- 2011: 86.9%
- 2016: 88.5%
- 2021: 83.8%
Share of occupied private dwellings that are separate houses.
77.9% ▼ -3.7%
Higher than 52% of urban centre areas.
- 2011: 80.9%
- 2016: 88.3%
- 2021: 77.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Cowes, Separate house is the majority at 84%; Townhouse / semi-detached is next at 12%.
Bedrooms per home
View on map →In Cowes, the largest group is 3 bedrooms at 45%, followed by 4 bedrooms (30%) and 2 bedrooms (17%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Cowes
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cowes [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL214006/cowes/topic/housing-dwellings