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City of MonashCommunity profile

Glen Waverley

Housing rental payments

In Glen Waverley, 60.0% 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 Glen Waverley 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
Glen Waverley - Households (Enumerated)2021
Weekly rental amountNumber%City of Monash %
Less than $100180.50.9
$100-$149651.63.3
$150-$199792.02.9
$200-$249691.72.9
$250-$299511.32.6
$300-$3491213.06.9
$350-$3993759.414.7
$400-$44964816.316.1
$450-$49969417.414.7
$500-$54955513.910.0
$550-$64966516.712.3
$650-$7492466.25.1
$750-$8491072.72.0
$850+1273.21.8
Not stated1674.23.9
Total households renting3,987100.0100.0
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 Glen Waverley compared to the City of Monash shows that there was a larger proportion of households paying high rental payments ($450 per week or more), and a smaller proportion of households with low rental payments (less than $250 per week).

Overall, 60.0% of households were paying high rental payments, and 5.8% were paying low payments, compared with 45.9% and 10.0% respectively in the City of Monash.

The major differences between the housing rental payments of Glen Waverley and the City of Monash were:

  • A larger percentage of $550-$649 (16.7% compared to 12.3%)
  • A larger percentage of $500-$549 (13.9% compared to 10.0%)
  • A smaller percentage of $350-$399 (9.4% compared to 14.7%)
  • A smaller percentage of $300-$349 (3.0% compared to 6.9%)

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