Raymond Island · Urban Centre

Housing & Dwellings in Raymond Island

Where and how people live — the homes, how they are held, and what they cost.

A massive 73.5% of homes are owned outright in Raymond Island, which is far above the figures for Victoria and Australia. This high rate of home ownership makes the area much more affordable than most, with very few people renting. Most residents live in detached houses and pay far less for their housing than the national average.

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📍 Raymond Island, Urban Centre

Where Raymond Island sits — Median rent (weekly)

$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 Raymond Island — higher than 52% of areas.

Median rent (weekly) compared with the state and national average
Raymond Island$280
3880, VIC $309
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are far below the national figure at $969, and weekly rents are well below the Australian average at $280. Both figures have risen since the last census, though the usual rent remains around the middle for similar areas.

$280

Higher than 52% of urban centre areas.

  • 2016: $185
  • 2021: $280

Median weekly rent paid by households renting their home.

$969 ▲ +90.4%

Lower than 79% of urban centre areas.

  • 2011: $509
  • 2016: $1,300
  • 2021: $969

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Raymond Island, $200–$349 is the majority at 85%; $350–$549 is next at 15%.

Monthly mortgage distribution

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In Raymond Island, Under $1,000 is the majority at 65%; $1,000–$1,799 is next at 35%.

Owning & renting

How homes are owned or rented.

Owning a home outright is very common here, rising 18 points since 2011 to 73.5%. This is far above the Victorian average, while the share of households renting is far below the state and national figures.

7.6% ▼ -46.6%

Lower than 92% of urban centre areas.

  • 2011: 14.2%
  • 2016: 11.1%
  • 2021: 7.6%

Share of occupied private dwellings that are rented.

73.5% ▲ +31.9%

Higher than 99% of urban centre areas.

  • 2011: 55.8%
  • 2016: 66.4%
  • 2021: 73.5%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Raymond Island, Owned outright is the majority at 73%; Owned with a mortgage is next at 17%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Every home on the island is a separate house, a rate far above the national figure. Most of these are three-bedroom homes, and there are slightly fewer people per bedroom here than in the rest of the state.

0.70 ▼ -36.4%

Lower than 86% of urban centre areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

100.0% ▲ +5.1%

Higher than 99% of urban centre areas.

  • 2011: 95.1%
  • 2016: 96.4%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

71.5% ▼ -5.4%

Lower than 72% of urban centre areas.

  • 2011: 75.6%
  • 2016: 64.0%
  • 2021: 71.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Raymond Island, Separate house is the majority at 100%.

Bedrooms per home

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In Raymond Island, 3 bedrooms is the majority at 57%; 2 bedrooms is next at 25%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Raymond Island

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Raymond Island [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL221060/raymond-island/topic/housing-dwellings