3068, VIC · Postcode

Housing & Dwellings in 3068, VIC

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.

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📍 3068, VIC, Postcode

Where 3068, VIC sits — Median rent (weekly)

$500 ▲ +31.6%
  • $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 3068, VIC — higher than 92% of areas.

Median rent (weekly) compared with the state and national average
3068, VIC$500
Yarra $451
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $380
  • 2016: $450
  • 2021: $500

Median weekly rent paid by households renting their home.

$2,600 ▲ +20.0%

Higher than 91% of postcode areas.

  • 2011: $2,167
  • 2016: $2,167
  • 2021: $2,600

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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3068, VIC splits fairly evenly between $350–$549 (30%) and $550–$749 (28%), with $750 or more at 16%.

Monthly mortgage distribution

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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%).

Owning & renting

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.

  • 2011: 45.5%
  • 2016: 46.2%
  • 2021: 45.6%

Share of occupied private dwellings that are rented.

26.7% ▲ +6.0%

Lower than 82% of postcode areas.

  • 2011: 25.2%
  • 2016: 24.8%
  • 2021: 26.7%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In 3068, VIC, the largest group is Rented at 46%, followed by Owned outright (27%) and Owned with a mortgage (25%).

Types of homes

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.

  • 2011: 1.10
  • 2016: 1.00
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

17.3% ▼ -34.6%

Lower than 99% of postcode areas.

  • 2011: 26.5%
  • 2016: 17.5%
  • 2021: 17.3%

Share of occupied private dwellings that are separate houses.

45.1% ▲ +2.3%

Lower than 94% of postcode areas.

  • 2011: 44.1%
  • 2016: 43.9%
  • 2021: 45.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3068, VIC, the largest group is Townhouse / semi-detached at 49%, followed by Flat or apartment (33%) and Separate house (17%).

Bedrooms per home

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In 3068, VIC, the largest group is 2 bedrooms at 40%, followed by 3 bedrooms (33%) and 1 bedroom (14%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 3068, VIC

Cite this page

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