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City of KnoxCommunity profile

Bayswater

Housing rental payments

In Bayswater, 16.7% 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 Bayswater 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.

Q:

Derived from the Census questions:

'How much does your household pay for this dwelling?' and 'Is this dwelling (owned outright, owned with a mortgage etc.)'

Weekly housing rental payments
Bayswater - Households (Enumerated)2021
Weekly rental amountNumber%City of Knox %
Less than $100231.41.3
$100-$149744.53.8
$150-$199573.52.6
$200-$249684.22.9
$250-$299744.53.8
$300-$34923014.110.0
$350-$39942826.221.5
$400-$44932720.021.1
$450-$49917410.715.1
$500-$549543.36.9
$550-$649281.74.9
$650-$74950.31.3
$750-$8490--0.4
$850+120.70.9
Not stated774.73.6
Total households renting1,631100.0100.0
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Compiled and presented in profile.id by .id (informed decisions).
Please refer to specific data notes for more information

Dominant groups

Analysis of the weekly housing rental payments of households in Bayswater compared to the City of Knox shows that there was a smaller 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, 16.7% of households were paying high rental payments, and 13.6% were paying low payments, compared with 29.5% and 10.6% respectively in the City of Knox.

The major differences between the housing rental payments of Bayswater and the City of Knox were:

  • A larger percentage of $350-$399 (26.2% compared to 21.5%)
  • A larger percentage of $300-$349 (14.1% compared to 10.0%)
  • A smaller percentage of $450-$499 (10.7% compared to 15.1%)
  • A smaller percentage of $500-$549 (3.3% compared to 6.9%)

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