$280 —
Higher than 52% of urban centre areas.
- 2016: $298
- 2021: $280
Median weekly rent paid by households renting their home.
Korumburra · Urban Centre
Housing & Dwellings in Korumburra
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs make Korumburra a more affordable place to live than the state or national average. The typical monthly mortgage payment is $1,291, and the usual weekly rent is $280. These figures highlight a town where housing is significantly cheaper than in most of Victoria.
$280
—
- $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 Korumburra — higher than 52% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents have fallen $18 since 2016 to $280, which is well below the national figure of $375. Mortgage payments have also stayed steady since 2011, with the typical monthly cost of $1,291 sitting well below the Victorian average of $1,859.
$1,291 ▼ -0.7%
Lower than 58% of urban centre areas.
- 2011: $1,300
- 2016: $1,500
- 2021: $1,291
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Korumburra, $200–$349 is the majority at 61%; Under $200 is next at 19%.
Monthly mortgage distribution
View on map →In Korumburra, the largest group is $1,000–$1,799 at 48%, followed by Under $1,000 (31%) and $1,800–$2,999 (18%).
Owning & renting
How homes are owned or rented.
Home ownership is strong here, with 40.6% of homes owned outright, a figure well above the national rate of 31%. Meanwhile, the proportion of households renting has fallen by 9.7 points since 2011 to 21.8%, which is well below the state average.
21.8% ▼ -30.7%
Higher than 51% of urban centre areas.
- 2011: 31.5%
- 2016: 18.3%
- 2021: 21.8%
Share of occupied private dwellings that are rented.
40.6% ▼ -13.4%
Higher than 53% of urban centre areas.
- 2011: 46.9%
- 2016: 35.4%
- 2021: 40.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Korumburra, the largest group is Owned outright at 41%, followed by Owned with a mortgage (34%) and Rented (22%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are far more common here than across Australia, making up 89.6% of all homes. Large family homes are also typical, with 78.9% having three or more bedrooms, although the number of people per bedroom has moved down 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.
89.6% ▲ +21.3%
Lower than 69% of urban centre areas.
- 2011: 73.9%
- 2016: 95.1%
- 2021: 89.6%
Share of occupied private dwellings that are separate houses.
78.9% ▲ +13.8%
Higher than 56% of urban centre areas.
- 2011: 69.4%
- 2016: 84.0%
- 2021: 78.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Korumburra, Separate house is the majority at 90%; Townhouse / semi-detached is next at 10%.
Bedrooms per home
View on map →In Korumburra, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 25%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Korumburra
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Korumburra [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL215045/korumburra/topic/housing-dwellings