$460 ▲ +29.6%
Higher than 88% of postcode areas.
- 2011: $355
- 2016: $406
- 2021: $460
Median weekly rent paid by households renting their home.
3103, VIC · Postcode
Housing & Dwellings in 3103, VIC
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $3,000 in postcode 3103 are far above the national figure. This is an expensive area to live in, where high home-loan costs and rising rents mark the local housing market.
$460
▲ +29.6%
- $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 3103, VIC — higher than 88% of areas.
| 3103, VIC | $460 |
|---|---|
| Boroondara | $451 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent of $460 is a little above the state and national figures. Mortgage costs are even more striking, with the usual monthly payment far exceeding the Victorian average and rising $747 since 2011.
$3,000 ▲ +33.2%
Higher than 97% of postcode areas.
- 2011: $2,253
- 2016: $2,500
- 2021: $3,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3103, VIC, the largest group is $350–$549 at 50%, followed by $750 or more (18%) and $550–$749 (17%).
Monthly mortgage distribution
View on map →In 3103, VIC, $3,000 or more is the majority at 52%; $1,800–$2,999 is next at 19%.
Owning & renting
How homes are owned or rented.
Outright home ownership is far above the national average at 42.9%, though this fell 4.2 points since 2011. Meanwhile, 25.9% of households rent, which is well below the Australian figure.
25.9% ▲ +12.4%
Higher than 64% of postcode areas.
- 2011: 23.0%
- 2016: 24.5%
- 2021: 25.9%
Share of occupied private dwellings that are rented.
42.9% ▼ -9.0%
Higher than 61% of postcode areas.
- 2011: 47.1%
- 2016: 44.1%
- 2021: 42.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3103, VIC, the largest group is Owned outright at 43%, followed by Owned with a mortgage (27%) and Rented (26%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are far less common here than across Victoria, making up 59.7% of homes. This is consistent with the area having far fewer homes with three or more bedrooms than most other places.
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.
59.7% ▼ -11.5%
Lower than 87% of postcode areas.
- 2011: 67.4%
- 2016: 61.6%
- 2021: 59.7%
Share of occupied private dwellings that are separate houses.
69.2% ▲ +0.4%
Lower than 77% of postcode areas.
- 2011: 68.9%
- 2016: 69.2%
- 2021: 69.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3103, VIC, Separate house is the majority at 60%; Townhouse / semi-detached is next at 26%.
Bedrooms per home
View on map →3103, VIC splits fairly evenly between 3 bedrooms (30%) and 4 bedrooms (26%), with 2 bedrooms at 26%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3103, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3103, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3103/3103-vic/topic/housing-dwellings