$411 ▼ -18.0%
Higher than 81% of postcode areas.
- 2011: $501
- 2016: $501
- 2021: $411
Median weekly rent paid by households renting their home.
3008, VIC · Postcode
Housing & Dwellings in 3008, VIC
Where and how people live — the homes, how they are held, and what they cost.
A massive 67.1% of households rent in postcode 3008, which is far above the national figure. This area is dominated by high-density living and rental properties, with very few detached houses. Most residents live in apartments, contributing to a high number of people sharing bedrooms compared to the rest of the country.
$411
▼ -18.0%
- $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 3008, VIC — higher than 81% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $411, which is much higher than most areas and a little above the national figure. Monthly mortgage payments are also much higher than most areas, usually around $2,000, though this fell by $800 since 2011.
$2,000 ▼ -28.6%
Higher than 74% of postcode areas.
- 2011: $2,800
- 2016: $2,167
- 2021: $2,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3008, VIC, $350–$549 is the majority at 57%; $200–$349 is next at 21%.
Monthly mortgage distribution
View on map →3008, VIC splits fairly evenly between $1,800–$2,999 (35%) and $1,000–$1,799 (31%), with $3,000 or more at 24%.
Owning & renting
How homes are owned or rented.
Renting is the primary way people live here, with 67.1% of households renting, a figure far above the state and national averages. Conversely, those who own their home outright make up only 12.3%, which is far below the Australian average of 31.0%.
67.1% ▲ +8.4%
Higher than 99% of postcode areas.
- 2011: 61.9%
- 2016: 62.7%
- 2021: 67.1%
Share of occupied private dwellings that are rented.
12.3% ▼ -9.2%
Lower than 98% of postcode areas.
- 2011: 13.6%
- 2016: 13.3%
- 2021: 12.3%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3008, VIC, Rented is the majority at 67%; Owned with a mortgage is next at 18%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 97.8% of all homes, while separate houses are very rare at just 0.5%. This lack of larger homes is reflected in the data, as homes with three or more bedrooms are far below the national figure, and there are 1.1 people per bedroom.
1.10 ▼ -8.3%
Higher than 99% of postcode areas.
- 2011: 1.20
- 2016: 1.20
- 2021: 1.10
Average number of usual residents per bedroom — a crowding measure.
0.5% ▲ —
Lower than 99% of postcode areas.
- 2011: 0.0%
- 2016: 0.1%
- 2021: 0.5%
Share of occupied private dwellings that are separate houses.
11.8% ▼ -34.7%
Lower than 99% of postcode areas.
- 2011: 18.1%
- 2016: 14.6%
- 2021: 11.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3008, VIC, Flat or apartment is the majority at 98%; Townhouse / semi-detached is next at 1%.
Bedrooms per home
View on map →In 3008, VIC, 2 bedrooms is the majority at 54%; 1 bedroom is next at 33%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3008, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3008, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3008/3008-vic/topic/housing-dwellings