$285 —
Higher than 54% of urban centre areas.
- 2016: $173
- 2021: $285
Median weekly rent paid by households renting their home.
Waterford Park · Urban Centre
Housing & Dwellings in Waterford Park
Where and how people live — the homes, how they are held, and what they cost.
More than 96% of homes in Waterford Park now have three or more bedrooms, a rise of 20 points since 2011. This small area is made up entirely of separate houses, where housing costs for both renters and mortgage holders sit well below state and national figures.
$285
—
- $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 Waterford Park — higher than 54% of areas.
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $285, which is well below the $375 national figure. Home loan payments are also much lower than the national average, with a typical monthly payment of $1,273.
$1,273 ▲ +23.4%
Lower than 59% of urban centre areas.
- 2011: $1,032
- 2016: $863
- 2021: $1,273
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →Waterford Park splits fairly evenly between Under $1,000 (45%) and $1,000–$1,799 (45%), with $1,800–$2,999 at 10%.
Owning & renting
How homes are owned or rented.
Renting is very uncommon here, with only 7.5% of households renting, a figure far below the national level. Outright home ownership fell 18 points since 2011 to 32.5%, while 55% of homes are owned with a mortgage.
7.5% ▼ -33.1%
Lower than 92% of urban centre areas.
- 2011: 11.2%
- 2016: 15.3%
- 2021: 7.5%
Share of occupied private dwellings that are rented.
32.5% ▼ -36.1%
Lower than 70% of urban centre areas.
- 2011: 50.9%
- 2016: 56.1%
- 2021: 32.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Waterford Park, Owned with a mortgage is the majority at 58%; Owned outright is next at 34%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every single home in the area is a separate house. These homes are typically large, with 96.3% having three or more bedrooms, which is far above the Victorian average of 74.1%.
0.80 ▼ -27.3%
Higher than 57% of urban centre areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
100.0% → 0.0%
Higher than 99% of urban centre areas.
- 2011: 100.0%
- 2016: 96.8%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
96.3% ▲ +26.1%
Higher than 98% of urban centre areas.
- 2011: 76.3%
- 2016: 79.9%
- 2021: 96.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Waterford Park, Separate house is the majority at 100%.
Bedrooms per home
View on map →In Waterford Park, 3 bedrooms is the majority at 74%; 4 bedrooms is next at 15%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Waterford Park
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Waterford Park [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL222099/waterford-park/topic/housing-dwellings