$430 ▲ +16.2%
Higher than 86% of postcode areas.
- 2011: $370
- 2016: $392
- 2021: $430
Median weekly rent paid by households renting their home.
3059, VIC · Postcode
Housing & Dwellings in 3059, VIC
Where and how people live — the homes, how they are held, and what they cost.
High costs and large family homes define the housing market in postcode 3059. It is an area where almost every home is a separate house with three or more bedrooms, and where typical monthly mortgage payments have risen to $2,167.
$430
▲ +16.2%
- $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 3059, VIC — higher than 86% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $430, which is much higher than most areas and a little above the national figure. Home loans are also expensive here, with the usual monthly payment sitting at $2,167, up $167 from 2011.
$2,167 ▲ +8.3%
Higher than 84% of postcode areas.
- 2011: $2,000
- 2016: $2,000
- 2021: $2,167
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3059, VIC, $350–$549 is the majority at 79%; $550–$749 is next at 9%.
Monthly mortgage distribution
View on map →In 3059, VIC, the largest group is $1,800–$2,999 at 46%, followed by $1,000–$1,799 (21%) and $3,000 or more (21%).
Owning & renting
How homes are owned or rented.
More than half of the homes are owned with a mortgage, while the 12.2% who rent is far below the national figure. Outright home ownership fell 9.8 points since 2011 to reach 31.8%.
12.2% ▲ +115.2%
Lower than 82% of postcode areas.
- 2011: 5.7%
- 2016: 8.7%
- 2021: 12.2%
Share of occupied private dwellings that are rented.
31.8% ▼ -23.6%
Lower than 72% of postcode areas.
- 2011: 41.6%
- 2016: 35.4%
- 2021: 31.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3059, VIC, Owned with a mortgage is the majority at 54%; Owned outright is next at 32%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 96.8% of all homes, a figure far above the state and national averages. These are typically large properties, as 96.8% have three or more bedrooms, though the number of people per bedroom has fallen since 2011.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
96.8% ▼ -0.4%
Higher than 73% of postcode areas.
- 2011: 97.2%
- 2016: 95.9%
- 2021: 96.8%
Share of occupied private dwellings that are separate houses.
96.8% ▼ -0.8%
Higher than 99% of postcode areas.
- 2011: 97.6%
- 2016: 96.9%
- 2021: 96.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3059, VIC, Separate house is the majority at 97%; Townhouse / semi-detached is next at 3%.
Bedrooms per home
View on map →In 3059, VIC, 4 bedrooms is the majority at 59%; 3 bedrooms is next at 26%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3059, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3059, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3059/3059-vic/topic/housing-dwellings