$500 ▲ +31.6%
Higher than 92% of postcode areas.
- 2011: $380
- 2016: $450
- 2021: $500
Median weekly rent paid by households renting their home.
3068, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
High housing costs define daily life in postcode 3068, where typical monthly mortgage payments reach $2,600. This area is far more expensive than the state and national averages, with a strong shift toward renting and smaller, modern home types.
All postcode areas, 2021. The marker is 3068, VIC — higher than 92% of areas.
Rents, mortgages and crowding.
Typical weekly rents are well above the national figure at $500, and mortgage payments are among the highest for similar areas. Both costs have climbed since 2011, with typical rents rising by $120 per week.
$500 ▲ +31.6%
Higher than 92% of postcode areas.
Median weekly rent paid by households renting their home.
$2,600 ▲ +20.0%
Higher than 91% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
3068, VIC splits fairly evenly between $350–$549 (30%) and $550–$749 (28%), with $750 or more at 16%.
In 3068, VIC, the largest group is $3,000 or more at 44%, followed by $1,800–$2,999 (25%) and $1,000–$1,799 (18%).
How homes are owned or rented.
Renting is far more common here than in the rest of Australia, with 45.6% of households renting their home. Meanwhile, the share of homes owned outright is much lower than most areas at 26.7%.
45.6% ▲ +0.1%
Higher than 90% of postcode areas.
Share of occupied private dwellings that are rented.
26.7% ▲ +6.0%
Lower than 82% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3068, VIC, the largest group is Rented at 46%, followed by Owned outright (27%) and Owned with a mortgage (25%).
Houses, townhouses, apartments and bedrooms.
Townhouses and apartments dominate the landscape, as separate houses are far less common than in the state average. This explains why the share of homes with three or more bedrooms is among the lowest at 45.1%.
0.90 ▼ -18.2%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
17.3% ▼ -34.6%
Lower than 99% of postcode areas.
Share of occupied private dwellings that are separate houses.
45.1% ▲ +2.3%
Lower than 94% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3068, VIC, the largest group is Townhouse / semi-detached at 49%, followed by Flat or apartment (33%) and Separate house (17%).
In 3068, VIC, the largest group is 2 bedrooms at 40%, followed by 3 bedrooms (33%) and 1 bedroom (14%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3068, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3068/3068-vic/topic/housing-dwellings