$480 ▲ +15.7%
Higher than 90% of postcode areas.
- 2011: $415
- 2016: $451
- 2021: $480
Median weekly rent paid by households renting their home.
3002, VIC · Postcode
Housing & Dwellings in 3002, VIC
Where and how people live — the homes, how they are held, and what they cost.
More than half of all households in postcode 3002 rent their home, a figure far above the national average. This high rental rate sits alongside some of the most expensive housing costs in the country. Most people here live in small apartments or townhouses rather than detached houses.
$480
▲ +15.7%
- $0–$21: 2 areas
- $21–$43: 7 areas
- $43–$64: 16 areas
- $64–$86: 26 areas
- $86–$107: 46 areas
- $107–$129: 61 areas
- $129–$150: 47 areas
- $150–$171: 171 areas
- $171–$193: 114 areas
- $193–$214: 200 areas
- $214–$236: 158 areas
- $236–$257: 184 areas
- $257–$279: 120 areas
- $279–$300: 112 areas
- $300–$321: 226 areas
- $321–$343: 117 areas
- $343–$364: 171 areas
- $364–$386: 161 areas
- $386–$407: 165 areas
- $407–$429: 127 areas
- $429–$450: 58 areas
- $450–$471: 102 areas
- $471–$493: 45 areas
- $493–$514: 38 areas
- $514–$536: 20 areas
- $536–$557: 26 areas
- $557–$579: 13 areas
- $579–$600: 74 areas
All postcode areas, 2021. The marker is 3002, VIC — higher than 90% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are among the highest at this level, at $480, which is well above the Victorian figure of $370. Those with home loans face typical monthly payments of $2,383, a cost that is well above the national figure and has barely changed since 2011.
$2,383 → 0.0%
Higher than 88% of postcode areas.
- 2011: $2,383
- 2016: $2,192
- 2021: $2,383
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3002, VIC, the largest group is $350–$549 at 45%, followed by $750 or more (21%) and $550–$749 (18%).
Monthly mortgage distribution
View on map →In 3002, VIC, the largest group is $3,000 or more at 41%, followed by $1,800–$2,999 (22%) and $1,000–$1,799 (20%).
Owning & renting
How homes are owned or rented.
Renting is very common here, making up 52.8% of households, which is far above the 30.6% seen across Australia. Conversely, the proportion of homes owned outright is 26.9%, which is much lower than most similar areas.
52.8% ▼ -4.2%
Higher than 94% of postcode areas.
- 2011: 55.1%
- 2016: 54.2%
- 2021: 52.8%
Share of occupied private dwellings that are rented.
26.9% ▲ +13.8%
Lower than 81% of postcode areas.
- 2011: 23.7%
- 2016: 25.7%
- 2021: 26.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3002, VIC, Rented is the majority at 53%; Owned outright is next at 27%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 73.5% of the housing stock, while separate houses are very rare at just 3.2%, far below the national figure. This concentration of small homes means only 29.8% of dwellings have three or more bedrooms.
0.90 ▼ -18.2%
Higher than 86% of postcode areas.
- 2011: 1.10
- 2016: 1.00
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
3.2% ▼ -15.0%
Lower than 99% of postcode areas.
- 2011: 3.8%
- 2016: 7.1%
- 2021: 3.2%
Share of occupied private dwellings that are separate houses.
29.8% ▲ +9.9%
Lower than 99% of postcode areas.
- 2011: 27.1%
- 2016: 29.6%
- 2021: 29.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3002, VIC, Flat or apartment is the majority at 74%; Townhouse / semi-detached is next at 23%.
Bedrooms per home
View on map →In 3002, VIC, the largest group is 2 bedrooms at 42%, followed by 1 bedroom (26%) and 3 bedrooms (23%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3002, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3002, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3002/3002-vic/topic/housing-dwellings