$400 —
Higher than 87% of urban centre areas.
- 2016: $290
- 2021: $400
Median weekly rent paid by households renting their home.
Margate · Urban Centre
Where and how people live — the homes, how they are held, and what they cost.
Expensive rental prices mark the housing market in Margate, where typical weekly rents are $400. Most people here live in large, detached family homes, and the area has a much higher proportion of these houses than the national average.
All urban centre areas, 2021. The marker is Margate — higher than 87% of areas.
Rents, mortgages and crowding.
Weekly rents of $400 are much higher than in most similar areas and well above the Tasmanian figure. Mortgage costs are also on the rise, with the typical monthly payment climbing $303 since 2011 to reach $1,625.
$400 —
Higher than 87% of urban centre areas.
Median weekly rent paid by households renting their home.
$1,625 ▲ +22.9%
Higher than 71% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Margate, $350–$549 is the majority at 73%; $200–$349 is next at 15%.
In Margate, the largest group is $1,000–$1,799 at 49%, followed by $1,800–$2,999 (32%) and Under $1,000 (14%).
How homes are owned or rented.
Around 45% of homes are owned with a mortgage, while 31.4% are owned outright. The proportion of households renting is 21.5%, which is well below both the state and national figures.
21.5% ▼ -6.7%
Higher than 50% of urban centre areas.
Share of occupied private dwellings that are rented.
31.4% ▲ +7.0%
Lower than 73% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Margate, the largest group is Owned with a mortgage at 45%, followed by Owned outright (31%) and Rented (22%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 97.6% of all homes, a figure far above the Australian average. This preference for larger homes is clear, with 80.9% of dwellings having three or more bedrooms, which is well above the state average.
0.90 ▼ -18.2%
Higher than 88% of urban centre areas.
Average number of usual residents per bedroom — a crowding measure.
97.6% ▲ +4.6%
Higher than 73% of urban centre areas.
Share of occupied private dwellings that are separate houses.
80.9% ▲ +6.3%
Higher than 63% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Margate, Separate house is the majority at 97%; Townhouse / semi-detached is next at 2%.
In Margate, 3 bedrooms is the majority at 54%; 4 bedrooms is next at 23%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Margate [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL615014/margate/topic/housing-dwellings