$100 —
Lower than 96% of urban centre areas.
- 2016: $291
- 2021: $100
Median weekly rent paid by households renting their home.
Rainbow · Urban Centre
Housing & Dwellings in Rainbow
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 94.1% of all dwellings in Rainbow (L), far above the national figure. This is a very affordable area where home ownership is high and housing costs are significantly lower than across Victoria and Australia.
$100
—
- $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 Rainbow — lower than 96% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is just $100, which is far below the national figure of $375. Typical monthly mortgage payments are also among the lowest for similar areas at $510, falling $140 since 2011.
$510 ▼ -21.5%
Lower than 99% of urban centre areas.
- 2011: $650
- 2016: $1,950
- 2021: $510
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Rainbow, Under $200 is the majority at 84%; $200–$349 is next at 16%.
Monthly mortgage distribution
View on map →In Rainbow, Under $1,000 is the majority at 81%; $1,000–$1,799 is next at 19%.
Owning & renting
How homes are owned or rented.
A far higher proportion of people own their homes outright here than in the rest of the state, at 58.1%. This helps explain why the percentage of households renting is much lower than most areas, at just 13.5%.
13.5% ▼ -42.9%
Lower than 76% of urban centre areas.
- 2011: 23.7%
- 2016: 7.7%
- 2021: 13.5%
Share of occupied private dwellings that are rented.
58.1% ▲ +58.9%
Higher than 95% of urban centre areas.
- 2011: 36.6%
- 2016: 41.5%
- 2021: 58.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Rainbow, Owned outright is the majority at 57%; Owned with a mortgage is next at 25%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are common, with 75.2% having three or more bedrooms. Most residents live in a detached house, a figure that has risen to 94.1% since 2011.
0.70 ▼ -36.4%
Lower than 86% of urban centre areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
94.1% ▲ +9.4%
Higher than 54% of urban centre areas.
- 2011: 86.0%
- 2016: 100.0%
- 2021: 94.1%
Share of occupied private dwellings that are separate houses.
75.2% ▲ +8.0%
Lower than 58% of urban centre areas.
- 2011: 69.7%
- 2016: 84.6%
- 2021: 75.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Rainbow, Separate house is the majority at 93%; Townhouse / semi-detached is next at 4%.
Bedrooms per home
View on map →In Rainbow, 3 bedrooms is the majority at 54%; 2 bedrooms is next at 20%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Rainbow
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Rainbow [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL222077/rainbow/topic/housing-dwellings