3087, VIC · Postcode

Housing & Dwellings in 3087, VIC

Where and how people live — the homes, how they are held, and what they cost.

Separate houses make up 90.8% of the homes in postcode 3087. This is a residential area where the typical home is larger than most, though costs are high, with typical monthly mortgage payments reaching $2,037.

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📍 3087, VIC, Postcode

Where 3087, VIC sits — Median rent (weekly)

$390 ▲ +32.7%
  • $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 3087, VIC — higher than 75% of areas.

Median rent (weekly) compared with the state and national average
3087, VIC$390
Banyule $399
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Housing costs are much higher than most areas, with the typical weekly rent at $390 and monthly mortgage payments of $2,037. Since 2011, the usual monthly mortgage has risen by $282 and weekly rents have climbed by $96.

$390 ▲ +32.7%

Higher than 75% of postcode areas.

  • 2011: $294
  • 2016: $340
  • 2021: $390

Median weekly rent paid by households renting their home.

$2,037 ▲ +16.1%

Higher than 76% of postcode areas.

  • 2011: $1,755
  • 2016: $1,800
  • 2021: $2,037

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3087, VIC, $350–$549 is the majority at 62%; $200–$349 is next at 20%.

Monthly mortgage distribution

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In 3087, VIC, the largest group is $1,800–$2,999 at 40%, followed by $1,000–$1,799 (24%) and $3,000 or more (19%).

Owning & renting

How homes are owned or rented.

Home ownership is common, as 37.7% of residents own their homes outright, which is well above the national figure of 31.0%. Meanwhile, the proportion of households renting is 22.9%, which is well below both the state and national averages.

22.9% ▲ +13.8%

Higher than 56% of postcode areas.

  • 2011: 20.1%
  • 2016: 22.1%
  • 2021: 22.9%

Share of occupied private dwellings that are rented.

37.7% ▼ -7.9%

Lower than 55% of postcode areas.

  • 2011: 40.9%
  • 2016: 38.6%
  • 2021: 37.7%

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

How homes are owned or rented

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3087, VIC splits fairly evenly between Owned outright (38%) and Owned with a mortgage (38%), with Rented at 23%.

Types of homes

Houses, townhouses, apartments and bedrooms.

The area is dominated by large homes, with 85.0% having three or more bedrooms—far above the national figure of 73.8%. This explains why separate houses are so common here, making up 90.8% of all dwellings.

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.

90.8% ▲ +0.0%

Lower than 54% of postcode areas.

  • 2011: 90.8%
  • 2016: 90.5%
  • 2021: 90.8%

Share of occupied private dwellings that are separate houses.

85.0% ▲ +0.1%

Higher than 75% of postcode areas.

  • 2011: 85.0%
  • 2016: 83.9%
  • 2021: 85.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3087, VIC, Separate house is the majority at 91%; Townhouse / semi-detached is next at 8%.

Bedrooms per home

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In 3087, VIC, 3 bedrooms is the majority at 57%; 4 bedrooms is next at 25%.

Sources

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

More for 3087, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3087, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3087/3087-vic/topic/housing-dwellings