Housing
Housing rental payments
About this topic
Housing rental payments show the weekly rent reported by households that rent their dwelling. It is a direct measure of current housing cost for renters and is not affected by home equity or mortgage history.
This topic is useful for understanding rental affordability and potential housing stress, especially when read with household income and tenure. Raw rental amounts are not directly comparable over time because of inflation, so rental quartiles are better for comparing change.
Interpretation notes
- This topic applies only to households that rent their dwelling and records weekly rent for the dwelling counted on Census night.
- Raw rent ranges are not directly comparable over time because inflation and market conditions change.
Key insight
In 2021, $250 to $299 was the most common rent band among households renting their home in Terang (part), accounting for 27.6% (54 households). This share was higher than Corangamite (S) (19.8%).
Section overview
Weekly housing rental payments
Terang (part) - Households (Enumerated)
This table summarises housing rental payments for Terang (part) in 2021 for persons, with comparison against Corangamite (S).
Chart view
Weekly housing rental payments snapshot
2021 distribution by category for Terang (part), with comparison markers for Corangamite (S).
Less than $100
2021 count
5
% of total
2.6%
5
2.6%
$100-$149
2021 count
28
% of total
14.3%
28
14.3%
$150-$199
2021 count
23
% of total
11.7%
23
11.7%
$200-$249
2021 count
52
% of total
26.5%
52
26.5%
$250-$299
2021 count
54
% of total
27.6%
54
27.6%
$300-$349
2021 count
19
% of total
9.7%
19
9.7%
$350-$399
2021 count
6
% of total
3.1%
6
3.1%
$400-$449
2021 count
-
% of total
-
-
-
$450-$499
2021 count
-
% of total
-
-
-
$500-$549
2021 count
-
% of total
-
-
-
$550-$649
2021 count
-
% of total
-
-
-
$850+
2021 count
-
% of total
-
-
-
Not stated
2021 count
9
% of total
4.6%
9
4.6%
Data table
Housing rental payments for Terang (part). Weekly housing rental payments. 2021 counts and percentages compared with Corangamite (S).
| Category | 2021 count | 2021 % | Corangamite (S) % |
|---|---|---|---|
| Less than $100 | 5 | 2.6% | 4.8% |
| $100-$149 | 28 | 14.3% | 14.3% |
| $150-$199 | 23 | 11.7% | 12.3% |
| $200-$249 | 52 | 26.5% | 22.3% |
| $250-$299 | 54 | 27.6% | 19.8% |
| $300-$349 | 19 | 9.7% | 10.2% |
| $350-$399 | 6 | 3.1% | 3.7% |
| $400-$449 | - | - | 0.9% |
| $450-$499 | - | - | 0.3% |
| $500-$549 | - | - | 0.4% |
| $550-$649 | - | - | 0.4% |
| $850+ | - | - | 0.6% |
| Not stated | 9 | 4.6% | 9.9% |
| Total households renting | 196 | 100.0% | 100.0% |