$340 ▲ +36.0%
Higher than 62% of postcode areas.
- 2011: $250
- 2016: $300
- 2021: $340
Median weekly rent paid by households renting their home.
3020, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Much higher rental rates than most similar areas define the housing market in postcode 3020. While detached houses remain common, the area has seen a shift toward more renters and a drop in the number of people owning their homes outright. Typical weekly rents have climbed to $340, reflecting a general increase in costs over the last decade.
All postcode areas, 2021. The marker is 3020, VIC — higher than 62% of areas.
Rents, mortgages and crowding.
Typical weekly rents are $340 and monthly mortgage payments are $1,733, both of which are higher than in most similar areas. These figures are about the same as the Victorian and national averages, though both costs have risen steadily since 2011.
$340 ▲ +36.0%
Higher than 62% of postcode areas.
Median weekly rent paid by households renting their home.
$1,733 ▲ +15.5%
Higher than 59% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
3020, VIC splits fairly evenly between $200–$349 (46%) and $350–$549 (42%), with Under $200 at 9%.
3020, VIC splits fairly evenly between $1,800–$2,999 (36%) and $1,000–$1,799 (33%), with Under $1,000 at 20%.
How homes are owned or rented.
Rental households make up 32.9% of the area, which is much higher than most similar areas and well above the state figure. Meanwhile, the proportion of homes owned outright fell to 34.3%, though this remains well above the national average.
32.9% ▲ +17.9%
Higher than 78% of postcode areas.
Share of occupied private dwellings that are rented.
34.3% ▼ -11.7%
Lower than 64% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
3020, VIC splits fairly evenly between Owned outright (34%) and Rented (33%), with Owned with a mortgage at 29%.
Houses, townhouses, apartments and bedrooms.
Separate houses are common at 76.4%, but this is much lower than most similar areas and has fallen since 2011. Larger homes are typical, with 77.4% having three or more bedrooms, which helps explain why there are more people per bedroom here than in the rest of the state.
0.90 ▼ -25.0%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
76.4% ▼ -8.3%
Lower than 77% of postcode areas.
Share of occupied private dwellings that are separate houses.
77.4% ▲ +1.5%
Lower than 54% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3020, VIC, Separate house is the majority at 76%; Townhouse / semi-detached is next at 16%.
In 3020, VIC, 3 bedrooms is the majority at 57%; 4 bedrooms is next at 18%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3020, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3020/3020-vic/topic/housing-dwellings