3023, VIC · Postcode

Housing & Dwellings in 3023, VIC

Where and how people live — the homes, how they are held, and what they cost.

Higher housing costs than most areas define postcode 3023, where large family homes are the norm. Separate houses make up 88.5% of all dwellings, which is far above the national figure of 72.3%.

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📍 3023, VIC, Postcode

Where 3023, VIC sits — Median rent (weekly)

$381 ▲ +22.9%
  • $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 3023, VIC — higher than 73% of areas.

Median rent (weekly) compared with the state and national average
3023, VIC$381
Melton $360
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are $381, which is higher than most areas and about the same as the national figure. Monthly home loan payments are also higher than most areas at $1,869, though this has fallen by $81 since 2011.

$381 ▲ +22.9%

Higher than 73% of postcode areas.

  • 2011: $310
  • 2016: $346
  • 2021: $381

Median weekly rent paid by households renting their home.

$1,869 ▼ -4.2%

Higher than 67% of postcode areas.

  • 2011: $1,950
  • 2016: $1,800
  • 2021: $1,869

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3023, VIC, $350–$549 is the majority at 68%; $200–$349 is next at 24%.

Monthly mortgage distribution

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In 3023, VIC, the largest group is $1,800–$2,999 at 40%, followed by $1,000–$1,799 (32%) and Under $1,000 (15%).

Owning & renting

How homes are owned or rented.

Nearly half of all homes are owned with a mortgage. Those who own their home outright make up 26.9%, which is well below the national figure, while the 21.8% of households renting is also well below the state and national averages.

21.8% ▲ +7.0%

Higher than 52% of postcode areas.

  • 2011: 20.4%
  • 2016: 22.0%
  • 2021: 21.8%

Share of occupied private dwellings that are rented.

26.9% ▲ +27.3%

Lower than 81% of postcode areas.

  • 2011: 21.1%
  • 2016: 23.9%
  • 2021: 26.9%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In 3023, VIC, the largest group is Owned with a mortgage at 48%, followed by Owned outright (27%) and Rented (22%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Most homes here are large, with 90.8% having three or more bedrooms—far above the Victoria average of 74.1%. This helps explain why people per bedroom (0.90) is among the highest for similar areas.

0.90 ▼ -18.2%

Higher than 86% of postcode areas.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

88.5% ▼ -2.0%

Lower than 60% of postcode areas.

  • 2011: 90.3%
  • 2016: 88.1%
  • 2021: 88.5%

Share of occupied private dwellings that are separate houses.

90.8% ▼ -1.2%

Higher than 90% of postcode areas.

  • 2011: 91.9%
  • 2016: 90.4%
  • 2021: 90.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3023, VIC, Separate house is the majority at 89%; Townhouse / semi-detached is next at 10%.

Bedrooms per home

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In 3023, VIC, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (38%) and 2 bedrooms (7%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 3023, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3023, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3023/3023-vic/topic/housing-dwellings