$410 ▲ +36.7%
Higher than 81% of postcode areas.
- 2011: $300
- 2016: $351
- 2021: $410
Median weekly rent paid by households renting their home.
3042, VIC · Postcode
Housing & Dwellings in 3042, VIC
Where and how people live — the homes, how they are held, and what they cost.
High living costs define the housing market in postcode 3042, where typical monthly mortgage payments reach $2,113. This area is much more expensive than most others, with both rents and mortgages sitting above the state and national figures. While most homes are spacious, the cost of keeping a roof over your head has climbed steadily over the last decade.
$410
▲ +36.7%
- $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 3042, VIC — higher than 81% of areas.
| 3042, VIC | $410 |
|---|---|
| Moonee Valley | $386 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $410, which is much higher than most areas and a little above the national figure of $375. Mortgage costs have also risen, with typical monthly payments climbing $313 since 2011 to reach $2,113.
$2,113 ▲ +17.4%
Higher than 81% of postcode areas.
- 2011: $1,800
- 2016: $1,950
- 2021: $2,113
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3042, VIC, $350–$549 is the majority at 67%; $200–$349 is next at 16%.
Monthly mortgage distribution
View on map →In 3042, VIC, the largest group is $1,800–$2,999 at 38%, followed by $1,000–$1,799 (24%) and $3,000 or more (24%).
Owning & renting
How homes are owned or rented.
Home ownership is strong here, with 39.4% of homes owned outright, a figure well above the national 31.0%. However, the number of households renting has risen to 24.7%, though this remains well below the national rate of 30.6%.
24.7% ▲ +21.1%
Higher than 61% of postcode areas.
- 2011: 20.4%
- 2016: 23.5%
- 2021: 24.7%
Share of occupied private dwellings that are rented.
39.4% ▼ -11.4%
Higher than 51% of postcode areas.
- 2011: 44.5%
- 2016: 40.8%
- 2021: 39.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3042, VIC, the largest group is Owned outright at 39%, followed by Owned with a mortgage (34%) and Rented (25%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Most homes are large, with 80% having three or more bedrooms, which is well above the national figure of 73.8%. While separate houses still make up 67.4% of dwellings, this is much lower than most areas and has fallen 12 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.
67.4% ▼ -15.1%
Lower than 84% of postcode areas.
- 2011: 79.4%
- 2016: 69.7%
- 2021: 67.4%
Share of occupied private dwellings that are separate houses.
80.0% ▼ -0.7%
Higher than 57% of postcode areas.
- 2011: 80.6%
- 2016: 79.2%
- 2021: 80.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3042, VIC, Separate house is the majority at 67%; Townhouse / semi-detached is next at 30%.
Bedrooms per home
View on map →In 3042, VIC, 3 bedrooms is the majority at 57%; 4 bedrooms is next at 20%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3042, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3042, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3042/3042-vic/topic/housing-dwellings