$361 ▲ +24.5%
Higher than 68% of postcode areas.
- 2011: $290
- 2016: $340
- 2021: $361
Median weekly rent paid by households renting their home.
3031, VIC · Postcode
Housing & Dwellings in 3031, VIC
Where and how people live — the homes, how they are held, and what they cost.
Over half of all households in postcode 3031 are renting, a figure far above the national and state averages. This creates a distinct housing landscape where rental living is the norm and few people own their homes outright. Most residents live in smaller, denser dwellings like apartments and townhouses.
$361
▲ +24.5%
- $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 3031, VIC — higher than 68% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,119, which is much higher than most areas and a little above the Victorian figure. Weekly rents have risen by $71 since 2011 to reach $361, a price that is now higher than most areas.
$2,119 ▼ -2.2%
Higher than 81% of postcode areas.
- 2011: $2,167
- 2016: $2,000
- 2021: $2,119
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3031, VIC, the largest group is $350–$549 at 37%, followed by $200–$349 (23%) and Under $200 (22%).
Monthly mortgage distribution
View on map →3031, VIC splits fairly evenly between $1,800–$2,999 (32%) and $3,000 or more (29%), with $1,000–$1,799 at 26%.
Owning & renting
How homes are owned or rented.
Renting is very common here, with 53.7% of households renting, which is far above the 30.6% national figure. Conversely, only 16.8% of homes are owned outright, placing the area among the lowest for this type of tenure.
53.7% ▼ -1.5%
Higher than 94% of postcode areas.
- 2011: 54.6%
- 2016: 55.8%
- 2021: 53.7%
Share of occupied private dwellings that are rented.
16.8% ▲ +12.5%
Lower than 93% of postcode areas.
- 2011: 14.9%
- 2016: 15.2%
- 2021: 16.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3031, VIC, Rented is the majority at 54%; Owned with a mortgage is next at 27%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are rare, making up just 19.0% of homes, which is far below the Victorian average of 73.4%. The area is instead dominated by townhouses and flats, and with only 37.3% of homes having three or more bedrooms, it is among the lowest for larger dwellings.
0.90 ▼ -25.0%
Higher than 86% of postcode areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
19.0% ▼ -27.5%
Lower than 98% of postcode areas.
- 2011: 26.2%
- 2016: 17.1%
- 2021: 19.0%
Share of occupied private dwellings that are separate houses.
37.3% ▼ -0.5%
Lower than 97% of postcode areas.
- 2011: 37.4%
- 2016: 37.1%
- 2021: 37.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →3031, VIC splits fairly evenly between Townhouse / semi-detached (41%) and Flat or apartment (39%), with Separate house at 19%.
Bedrooms per home
View on map →In 3031, VIC, the largest group is 2 bedrooms at 43%, followed by 3 bedrooms (29%) and 1 bedroom (18%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3031, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3031, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3031/3031-vic/topic/housing-dwellings