$300 —
Higher than 59% of urban centre areas.
- 2016: $273
- 2021: $300
Median weekly rent paid by households renting their home.
Newstead · Urban Centre
Housing & Dwellings in Newstead
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 96.6% of all dwellings in Newstead, a figure far above the state and national levels. This is an area where home ownership is very high, with nearly half of all residents owning their homes outright. The housing market is generally more affordable than in most other parts of the country.
$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 Newstead — higher than 59% of areas.
Housing costs
Rents, mortgages and crowding.
The typical weekly rent of $300 is higher than most areas, though this is still well below the national figure of $375. Similarly, typical monthly mortgage payments are $1,300, which is well below the Victorian average of $1,859.
$1,300 ▲ +4.0%
Lower than 57% of urban centre areas.
- 2011: $1,250
- 2016: $1,625
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Newstead, the largest group is $200–$349 at 40%, followed by Under $200 (33%) and $350–$549 (27%).
Monthly mortgage distribution
View on map →In Newstead, the largest group is $1,000–$1,799 at 47%, followed by Under $1,000 (35%) and $1,800–$2,999 (15%).
Owning & renting
How homes are owned or rented.
Home ownership is strong here, with 44.7% of homes owned outright, which is far above the national figure. This trend has risen since 2011, while the share of households renting has fallen to 11.3%, a level far below the state and national averages.
11.3% ▼ -35.5%
Lower than 83% of urban centre areas.
- 2011: 17.6%
- 2016: 19.9%
- 2021: 11.3%
Share of occupied private dwellings that are rented.
44.7% ▲ +10.9%
Higher than 67% of urban centre areas.
- 2011: 40.3%
- 2016: 35.5%
- 2021: 44.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Newstead splits fairly evenly between Owned outright (44%) and Owned with a mortgage (42%), with Rented at 11%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses are the dominant style, yet homes with three or more bedrooms have fallen to 69.1%, which is well below the national average. This shift is reflected in the number of people per bedroom, which has moved down to 0.70 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.
96.6% ▲ +7.6%
Higher than 67% of urban centre areas.
- 2011: 89.7%
- 2016: 88.7%
- 2021: 96.6%
Share of occupied private dwellings that are separate houses.
69.1% ▼ -14.8%
Lower than 78% of urban centre areas.
- 2011: 81.1%
- 2016: 81.7%
- 2021: 69.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Newstead, Separate house is the majority at 97%; Flat or apartment is next at 2%.
Bedrooms per home
View on map →In Newstead, 3 bedrooms is the majority at 51%; 2 bedrooms is next at 25%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Newstead
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Newstead [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL221054/newstead/topic/housing-dwellings