$300 —
Higher than 59% of urban centre areas.
- 2016: $200
- 2021: $300
Median weekly rent paid by households renting their home.
Paynesville · Urban Centre
Housing & Dwellings in Paynesville
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 85.7% of dwellings in Paynesville, which is far above the national figure. The area is defined by high rates of home ownership, with the typical mortgage payment sitting well below both state and national averages.
$300
—
- $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 Paynesville — higher than 59% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments of $1,202 are well below those in Victoria and Australia. Meanwhile, typical weekly rents have risen to $300 since 2016, a figure that remains a little below the state average.
$1,202 ▲ +13.9%
Lower than 64% of urban centre areas.
- 2011: $1,055
- 2016: $997
- 2021: $1,202
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Paynesville, $200–$349 is the majority at 56%; $350–$549 is next at 31%.
Monthly mortgage distribution
View on map →In Paynesville, the largest group is $1,000–$1,799 at 45%, followed by Under $1,000 (36%) and $1,800–$2,999 (14%).
Owning & renting
How homes are owned or rented.
Outright home ownership is among the highest for its level at 58.6%, far above the national figure. This comes as the proportion of households renting fell 24 points since 2011 to reach 19.1%.
19.1% ▼ -55.9%
Lower than 58% of urban centre areas.
- 2011: 43.4%
- 2016: 30.0%
- 2021: 19.1%
Share of occupied private dwellings that are rented.
58.6% ▲ +111.6%
Higher than 96% of urban centre areas.
- 2011: 27.7%
- 2016: 33.8%
- 2021: 58.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Paynesville, Owned outright is the majority at 59%; Owned with a mortgage is next at 19%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses are common here, though the proportion has fallen slightly since 2011 to 85.7%. Homes with three or more bedrooms are found in 74.4% of dwellings, which is about the same as the state and national figures.
0.70 ▼ -41.7%
Lower than 86% of urban centre areas.
- 2011: 1.20
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
85.7% ▼ -2.3%
Lower than 79% of urban centre areas.
- 2011: 87.7%
- 2016: 91.8%
- 2021: 85.7%
Share of occupied private dwellings that are separate houses.
74.4% ▲ +5.3%
Lower than 61% of urban centre areas.
- 2011: 70.7%
- 2016: 72.1%
- 2021: 74.4%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Paynesville, Separate house is the majority at 86%; Townhouse / semi-detached is next at 11%.
Bedrooms per home
View on map →In Paynesville, 3 bedrooms is the majority at 55%; 2 bedrooms is next at 21%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Paynesville
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Paynesville [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL215068/paynesville/topic/housing-dwellings