Falls Creek · Urban Centre

Housing & Dwellings in Falls Creek

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.

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📍 Falls Creek, Urban Centre

Where Falls Creek sits — Median rent (weekly)

$539 —
  • $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 Falls Creek — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
Falls Creek$539
3699, VIC $280
Victoria $370
Australia $375

Housing costs

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.

  • 2016: $125
  • 2021: $539

Median weekly rent paid by households renting their home.

$670 ▼ -58.1%

Lower than 94% of urban centre areas.

  • 2011: $1,600
  • 2016: $1,116
  • 2021: $670

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Falls Creek, the largest group is $550–$749 at 31%, followed by Under $200 (23%) and $350–$549 (23%).

Owning & renting

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.

  • 2011: 5.0%
  • 2016: 14.2%
  • 2021: 41.9%

Share of occupied private dwellings that are rented.

38.7% ▲ +16.1%

Lower than 53% of urban centre areas.

  • 2011: 33.3%
  • 2016: 49.6%
  • 2021: 38.7%

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

How homes are owned or rented

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Falls Creek splits fairly evenly between Rented (34%) and Owned outright (32%), with Other tenure at 13%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 1.20

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

16.1% ▼ -83.9%

Lower than 99% of urban centre areas.

  • 2011: 100.0%
  • 2016: 91.2%
  • 2021: 16.1%

Share of occupied private dwellings that are separate houses.

16.1% ▼ -80.3%

Lower than 99% of urban centre areas.

  • 2011: 81.7%
  • 2016: 66.4%
  • 2021: 16.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Falls Creek, Flat or apartment is the majority at 70%; Separate house is next at 17%.

Bedrooms per home

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In Falls Creek, 2 bedrooms is the majority at 52%; 1 bedroom is next at 32%.

Sources

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

More for Falls Creek

Cite this page

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