3088, VIC · Postcode

Housing & Dwellings in 3088, VIC

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

Much higher housing costs than most areas define daily life in postcode 3088, where the typical monthly mortgage payment is $2,167. This is an area where large family homes are the norm and home ownership is far more common than renting.

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📍 3088, VIC, Postcode

Where 3088, VIC sits — Median rent (weekly)

$401 ▲ +33.2%
  • $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 3088, VIC — higher than 78% of areas.

Median rent (weekly) compared with the state and national average
3088, VIC$401
Banyule $399
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are $401, which is much higher than most areas and a little above the state figure. Mortgage payments have also climbed, with the usual monthly cost rising by $367 since 2011 to reach $2,167.

$401 ▲ +33.2%

Higher than 78% of postcode areas.

  • 2011: $301
  • 2016: $350
  • 2021: $401

Median weekly rent paid by households renting their home.

$2,167 ▲ +20.4%

Higher than 84% of postcode areas.

  • 2011: $1,800
  • 2016: $1,941
  • 2021: $2,167

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3088, VIC, $350–$549 is the majority at 60%; $200–$349 is next at 17%.

Monthly mortgage distribution

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In 3088, VIC, the largest group is $1,800–$2,999 at 40%, followed by $1,000–$1,799 (24%) and $3,000 or more (22%).

Owning & renting

How homes are owned or rented.

Home ownership is strong here, with 38.5% of homes owned outright—well above the national figure. In contrast, the 17.1% of households renting is far below the rates seen across Victoria and Australia.

17.1% ▲ +4.2%

Lower than 64% of postcode areas.

  • 2011: 16.4%
  • 2016: 16.7%
  • 2021: 17.1%

Share of occupied private dwellings that are rented.

38.5% ▼ -0.2%

Lower than 52% of postcode areas.

  • 2011: 38.5%
  • 2016: 38.3%
  • 2021: 38.5%

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

How homes are owned or rented

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3088, VIC splits fairly evenly between Owned with a mortgage (42%) and Owned outright (38%), with Rented at 17%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Large homes dominate the landscape, as 84.1% of dwellings have three or more bedrooms, well above the state average. Separate houses make up 84.8% of all homes, though this figure fell 5.0 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.

84.8% ▼ -5.6%

Lower than 68% of postcode areas.

  • 2011: 89.8%
  • 2016: 85.3%
  • 2021: 84.8%

Share of occupied private dwellings that are separate houses.

84.1% ▲ +0.8%

Higher than 72% of postcode areas.

  • 2011: 83.4%
  • 2016: 83.3%
  • 2021: 84.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3088, VIC, Separate house is the majority at 85%; Townhouse / semi-detached is next at 13%.

Bedrooms per home

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In 3088, VIC, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (30%) and 2 bedrooms (13%).

Sources

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

More for 3088, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3088, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3088/3088-vic/topic/housing-dwellings