$539 —
Higher than 99% of urban centre areas.
- 2016: $125
- 2021: $539
Median weekly rent paid by households renting their home.
Falls Creek · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
Flats and apartments make up 67.7% of the housing stock in Falls Creek, reflecting a shift toward smaller, denser living. The area has a unique mix of high rental demand and a significant number of homes owned outright. This is seen in the sharp contrast between very low mortgage payments and very high weekly rents.
All urban centre areas, 2021. The marker is Falls Creek — higher than 99% of areas.
Rents, mortgages and crowding.
Typical weekly rent is $539, which is well above the national figure of $375. Conversely, typical monthly mortgage payments are far below the state and national averages, sitting at just $670.
$539 —
Higher than 99% of urban centre areas.
Median weekly rent paid by households renting their home.
$670 ▼ -58.1%
Lower than 94% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Falls Creek, the largest group is $550–$749 at 31%, followed by Under $200 (23%) and $350–$549 (23%).
How homes are owned or rented.
Renting is very common here, with 41.9% of households renting—a figure far above the national average. This sits alongside a high rate of outright home ownership at 38.7%, which is well above the Victorian average.
41.9% ▲ +738.7%
Higher than 87% of urban centre areas.
Share of occupied private dwellings that are rented.
38.7% ▲ +16.1%
Lower than 53% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
Falls Creek splits fairly evenly between Rented (34%) and Owned outright (32%), with Other tenure at 13%.
Houses, townhouses, apartments and bedrooms.
Homes here are much smaller than usual, with only 16.1% having three or more bedrooms. This lack of larger houses means the area has a high density of residents, with 1.2 people per bedroom, well above the national figure of 0.8.
1.20 ▲ +9.1%
Higher than 94% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
16.1% ▼ -83.9%
Lower than 99% of urban centre areas.
Share of occupied private dwellings that are separate houses.
16.1% ▼ -80.3%
Lower than 99% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Falls Creek, Flat or apartment is the majority at 70%; Separate house is next at 17%.
In Falls Creek, 2 bedrooms is the majority at 52%; 1 bedroom is next at 32%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Falls Creek [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL222024/falls-creek/topic/housing-dwellings