$371 ▲ +30.2%
Higher than 70% of postcode areas.
- 2011: $285
- 2016: $320
- 2021: $371
Median weekly rent paid by households renting their home.
3029, VIC · Postcode
Housing & Dwellings in 3029, VIC
Where and how people live — the homes, how they are held, and what they cost.
Much higher proportions of large homes than most similar areas define postcode 3029, where 92% of dwellings have three or more bedrooms. This is a place where housing costs are high and home ownership is less common than the state average. The typical monthly mortgage payment is $1,900 and weekly rent is $371.
$371
▲ +30.2%
- $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 3029, VIC — higher than 70% of areas.
Housing costs
Rents, mortgages and crowding.
Both rents and mortgages are higher than most areas. Typical weekly rent is $371, up $86 since 2011, while the usual monthly home loan payment has risen to $1,900.
$1,900 ▲ +9.6%
Higher than 68% of postcode areas.
- 2011: $1,733
- 2016: $1,733
- 2021: $1,900
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3029, VIC, $350–$549 is the majority at 68%; $200–$349 is next at 26%.
Monthly mortgage distribution
View on map →In 3029, VIC, the largest group is $1,800–$2,999 at 47%, followed by $1,000–$1,799 (33%) and Under $1,000 (10%).
Owning & renting
How homes are owned or rented.
Home ownership is uncommon here, with only 17.4% of homes owned outright, which is far below the Victorian figure of 32.2%. Instead, 28.8% of households are renting, an increase of 4.6 percentage points since 2011.
28.8% ▲ +18.9%
Higher than 72% of postcode areas.
- 2011: 24.2%
- 2016: 26.8%
- 2021: 28.8%
Share of occupied private dwellings that are rented.
17.4% ▼ -22.9%
Lower than 93% of postcode areas.
- 2011: 22.5%
- 2016: 19.9%
- 2021: 17.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3029, VIC, Owned with a mortgage is the majority at 51%; Rented is next at 29%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 88.3% of the stock and are far more common than in the rest of Australia. These homes are typically large, as nearly half have four bedrooms, which helps explain why the area has among the highest rates of three-plus bedroom homes.
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.
88.3% ▼ -3.6%
Lower than 61% of postcode areas.
- 2011: 91.6%
- 2016: 80.7%
- 2021: 88.3%
Share of occupied private dwellings that are separate houses.
92.0% ▼ -0.1%
Higher than 92% of postcode areas.
- 2011: 92.1%
- 2016: 91.0%
- 2021: 92.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3029, VIC, Separate house is the majority at 88%; Townhouse / semi-detached is next at 9%.
Bedrooms per home
View on map →In 3029, VIC, the largest group is 4 bedrooms at 49%, followed by 3 bedrooms (38%) and 5 or more (6%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3029, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3029, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3029/3029-vic/topic/housing-dwellings