$451 ▲ +0.2%
Higher than 87% of postcode areas.
- 2011: $450
- 2016: $473
- 2021: $451
Median weekly rent paid by households renting their home.
3004, VIC · Postcode
Housing & Dwellings in 3004, VIC
Where and how people live — the homes, how they are held, and what they cost.
A typical weekly rent of $451 makes 3004 one of the most expensive places to live in the region. This area is dominated by high-density living, where almost every home is a flat or apartment. High rental costs and a lack of traditional houses define the local housing market.
$451
▲ +0.2%
- $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 3004, VIC — higher than 87% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments of $2,000 and weekly rents of $451 are both much higher than most areas. While rents have barely changed since 2011, the typical mortgage payment has fallen by $167.
$2,000 ▼ -7.7%
Higher than 74% of postcode areas.
- 2011: $2,167
- 2016: $2,000
- 2021: $2,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3004, VIC, $350–$549 is the majority at 61%; $550–$749 is next at 16%.
Monthly mortgage distribution
View on map →In 3004, VIC, the largest group is $1,800–$2,999 at 38%, followed by $1,000–$1,799 (29%) and $3,000 or more (22%).
Owning & renting
How homes are owned or rented.
Renting is very common here, with 54.9% of households renting, a figure far above the national average of 30.6%. Meanwhile, only 21.8% of homes are owned outright, which is well below the Australian figure.
54.9% ▲ +4.3%
Higher than 95% of postcode areas.
- 2011: 52.6%
- 2016: 53.4%
- 2021: 54.9%
Share of occupied private dwellings that are rented.
21.8% ▼ -0.2%
Lower than 89% of postcode areas.
- 2011: 21.8%
- 2016: 21.6%
- 2021: 21.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3004, VIC, Rented is the majority at 55%; Owned outright is next at 22%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Apartments make up 99.4% of homes, which explains why separate houses are far below the state average at just 0.1%. Because of these small homes, there is a high density of 1.00 person per bedroom, well above the national figure.
1.00 ▼ -16.7%
Higher than 93% of postcode areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
0.1% ▼ -45.3%
Lower than 99% of postcode areas.
- 2011: 0.2%
- 2016: 0.3%
- 2021: 0.1%
Share of occupied private dwellings that are separate houses.
18.2% ▼ -23.0%
Lower than 99% of postcode areas.
- 2011: 23.6%
- 2016: 20.1%
- 2021: 18.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3004, VIC, Flat or apartment is the majority at 100%; Townhouse / semi-detached is next at 0%.
Bedrooms per home
View on map →In 3004, VIC, 2 bedrooms is the majority at 52%; 1 bedroom is next at 29%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3004, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3004, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3004/3004-vic/topic/housing-dwellings