$260 —
Lower than 54% of urban centre areas.
- 2016: $390
- 2021: $260
Median weekly rent paid by households renting their home.
Timboon · Urban Centre
Housing & Dwellings in Timboon
Where and how people live — the homes, how they are held, and what they cost.
Far lower housing costs make Timboon (L) an affordable place to live, with typical monthly mortgage payments of $1,148. This is well below the national figure, reflecting a market where home ownership is more attainable than in most other areas.
$260
—
- $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 Timboon — lower than 54% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $260, which is well below the Victorian figure of $370. This follows a downward trend, as rent fell $130 since 2016, while monthly mortgage payments also fell $845 since 2011.
$1,148 ▼ -42.4%
Lower than 67% of urban centre areas.
- 2011: $1,993
- 2016: $1,733
- 2021: $1,148
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Timboon, $200–$349 is the majority at 74%; Under $200 is next at 19%.
Monthly mortgage distribution
View on map →In Timboon, the largest group is $1,000–$1,799 at 49%, followed by Under $1,000 (30%) and $1,800–$2,999 (14%).
Owning & renting
How homes are owned or rented.
Home ownership is very strong here, with 49.5% of homes owned outright—far above the national figure of 31%. Meanwhile, the 21.1% of households that rent is well below the Australian average of 30.6%.
21.1% ▲ +6.4%
Lower than 51% of urban centre areas.
- 2011: 19.9%
- 2016: 2.0%
- 2021: 21.1%
Share of occupied private dwellings that are rented.
49.5% ▲ +75.0%
Higher than 81% of urban centre areas.
- 2011: 28.3%
- 2016: 36.2%
- 2021: 49.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Timboon, the largest group is Owned outright at 50%, followed by Owned with a mortgage (26%) and Rented (21%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 96.7% of the market, far above the Victorian figure of 73.4%. These homes are typically large, with 83.7% having three or more bedrooms, though there are now fewer people per bedroom than in 2011.
0.70 ▼ -36.4%
Lower than 86% of urban centre areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
96.7% ▲ +4.2%
Higher than 68% of urban centre areas.
- 2011: 92.8%
- 2016: 98.0%
- 2021: 96.7%
Share of occupied private dwellings that are separate houses.
83.7% ▲ +5.2%
Higher than 71% of urban centre areas.
- 2011: 79.5%
- 2016: 94.1%
- 2021: 83.7%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Timboon, Separate house is the majority at 97%; Townhouse / semi-detached is next at 3%.
Bedrooms per home
View on map →In Timboon, 3 bedrooms is the majority at 62%; 4 bedrooms is next at 21%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Timboon
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Timboon [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL221071/timboon/topic/housing-dwellings