$390 ▲ +39.3%
Higher than 75% of postcode areas.
- 2011: $280
- 2016: $335
- 2021: $390
Median weekly rent paid by households renting their home.
3018, VIC · Postcode
Housing & Dwellings in 3018, VIC
Where and how people live — the homes, how they are held, and what they cost.
Much higher costs for both renters and mortgage holders mark the housing market in postcode 3018. Typical monthly mortgage payments are $2,200 and weekly rents are $390, both figures being much higher than most similar areas. These costs have climbed steadily over the last decade.
$390
▲ +39.3%
- $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 3018, VIC — higher than 75% of areas.
| 3018, VIC | $390 |
|---|---|
| Hobsons Bay | $380 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent of $390 is about the same as the national figure, though it rose $110 since 2011. Home-loan payments are also high, with the usual monthly cost of $2,200 being a little above the Victoria and Australia figures.
$2,200 ▲ +18.9%
Higher than 86% of postcode areas.
- 2011: $1,850
- 2016: $2,000
- 2021: $2,200
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3018, VIC, $350–$549 is the majority at 51%; $200–$349 is next at 29%.
Monthly mortgage distribution
View on map →3018, VIC splits fairly evenly between $1,800–$2,999 (34%) and $3,000 or more (31%), with $1,000–$1,799 at 23%.
Owning & renting
How homes are owned or rented.
Around 37.2% of homes are owned outright, which is well above the Victorian and Australian figures. Meanwhile, renting is more common here than in most areas, with 29.7% of households renting their home.
29.7% ▲ +5.8%
Higher than 73% of postcode areas.
- 2011: 28.1%
- 2016: 30.5%
- 2021: 29.7%
Share of occupied private dwellings that are rented.
37.2% ▼ -14.3%
Lower than 56% of postcode areas.
- 2011: 43.4%
- 2016: 38.9%
- 2021: 37.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3018, VIC, the largest group is Owned outright at 37%, followed by Owned with a mortgage (30%) and Rented (30%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are much less common here than in most areas, making up 63.9% of homes. This is well below the national figure and follows a trend where the proportion of detached houses fell 9.5 points since 2011.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
63.9% ▼ -12.9%
Lower than 86% of postcode areas.
- 2011: 73.4%
- 2016: 60.5%
- 2021: 63.9%
Share of occupied private dwellings that are separate houses.
69.7% ▲ +0.9%
Lower than 76% of postcode areas.
- 2011: 69.1%
- 2016: 67.3%
- 2021: 69.7%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3018, VIC, Separate house is the majority at 64%; Townhouse / semi-detached is next at 28%.
Bedrooms per home
View on map →In 3018, VIC, the largest group is 3 bedrooms at 48%, followed by 2 bedrooms (25%) and 4 bedrooms (19%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3018, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3018, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3018/3018-vic/topic/housing-dwellings