$300 —
Higher than 59% of urban centre areas.
- 2016: $150
- 2021: $300
Median weekly rent paid by households renting their home.
Meredith · Urban Centre
Housing & Dwellings in Meredith
Where and how people live — the homes, how they are held, and what they cost.
A far higher proportion of people live in detached houses in Meredith than across Victoria or Australia, with 96.3% of homes being separate houses. This preference for freestanding homes is a key feature of the area, where the typical mortgage payment of $1,387 is well below the state and national figures.
$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 Meredith — higher than 59% of areas.
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $300, which is higher than most similar areas but well below the Australian figure of $375. Typical monthly mortgage payments have risen by $845 since 2011 to reach $1,387, a figure that sits well below the Victorian average of $1,859.
$1,387 ▲ +155.9%
Higher than 51% of urban centre areas.
- 2011: $542
- 2016: $796
- 2021: $1,387
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Meredith, the largest group is $200–$349 at 42%, followed by $350–$549 (35%) and Under $200 (23%).
Monthly mortgage distribution
View on map →In Meredith, the largest group is $1,000–$1,799 at 45%, followed by Under $1,000 (33%) and $1,800–$2,999 (22%).
Owning & renting
How homes are owned or rented.
Half of all homes are owned with a mortgage, while 14.9% are rented, a figure that is far below the national rate of 30.6%. The proportion of homes owned outright has fallen 15 points since 2011 and is now a little below the state average.
14.9% ▼ -6.7%
Lower than 72% of urban centre areas.
- 2011: 16.0%
- 2016: 19.8%
- 2021: 14.9%
Share of occupied private dwellings that are rented.
30.4% ▼ -32.6%
Lower than 74% of urban centre areas.
- 2011: 45.1%
- 2016: 50.0%
- 2021: 30.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Meredith, Owned with a mortgage is the majority at 52%; Owned outright is next at 31%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are the dominant dwelling type at 96.3%, far above the state figure of 73.4%. Most homes are large, with 73.3% having three or more bedrooms, though the number of people per bedroom has moved down since 2011 to 0.80.
0.80 ▼ -27.3%
Higher than 57% of urban centre areas.
- 2011: 1.10
- 2016: 0.60
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
96.3% ▲ +5.0%
Higher than 66% of urban centre areas.
- 2011: 91.7%
- 2016: 95.8%
- 2021: 96.3%
Share of occupied private dwellings that are separate houses.
73.3% ▲ +7.3%
Lower than 65% of urban centre areas.
- 2011: 68.3%
- 2016: 62.5%
- 2021: 73.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Meredith, Separate house is the majority at 95%; Other dwelling is next at 3%.
Bedrooms per home
View on map →In Meredith, 3 bedrooms is the majority at 60%; 2 bedrooms is next at 21%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Meredith
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Meredith [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL222052/meredith/topic/housing-dwellings