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LEARN MORE ABOUT .idIn Rural North East, 0.0% of renting households were paying $450 or more per week in rent in 2021.
Rental payments can be a better measure of the cost of housing in Rural North East than mortgage repayments because they are not contingent on length of occupancy or equity in the dwelling.
High rental payments may indicate desirable areas with mobile populations who prefer to rent, or a housing shortage, or gentrification. Low rental payments may indicate public housing (check Tenure Type), or areas where low income households move by necessity for a lower cost of living.
Rental payments are not directly comparable over time because of inflation. For comparison of rental payments over time, go to Housing Rental Quartiles.
Further reading: How can Councils influence affordable housing.
'How much does your household pay for this dwelling?' and 'Is this dwelling (owned outright, owned with a mortgage etc.)'
Weekly housing rental payments | |||
---|---|---|---|
Rural North East - Households (Enumerated) | 2021 | ||
Weekly rental amount | Number | % | Pyalong - Rural North West % |
Less than $100 | 3 | 5.1 | -- |
$100-$149 | 5 | 8.5 | 5.8 |
$150-$199 | 11 | 18.6 | -- |
$200-$249 | 3 | 5.1 | 23.1 |
$250-$299 | 14 | 23.7 | 17.3 |
$300-$349 | 10 | 16.9 | 21.2 |
$350-$399 | 0 | -- | 7.7 |
$400-$449 | 3 | 5.1 | 7.7 |
$450-$499 | 0 | -- | -- |
$500-$549 | 0 | -- | -- |
$550-$649 | 0 | -- | -- |
$650-$749 | 0 | -- | -- |
$750-$849 | 0 | -- | -- |
$850+ | 0 | -- | -- |
Not stated | 10 | 16.9 | 17.3 |
Total households renting | 59 | 100.0 | 100.0 |
Analysis of the weekly housing rental payments of households in Rural North East compared to Pyalong - Rural North West shows that there was a similar proportion of households paying high rental payments ($450 per week or more), and a larger proportion of households with low rental payments (less than $250 per week).
Overall, 0.0% of households were paying high rental payments, and 37.3% were paying low payments, compared with 0.0% and 28.8% respectively in Pyalong - Rural North West.
The major differences between the housing rental payments of Rural North East and Pyalong - Rural North West were:
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