$450 ▲ +28.6%
Higher than 87% of postcode areas.
- 2011: $350
- 2016: $395
- 2021: $450
Median weekly rent paid by households renting their home.
3111, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly home loan payments have risen by $377 since 2011 in postcode 3111. This is an expensive area where the usual monthly mortgage payment of $2,500 is well above the national figure. It is a place dominated by large, detached family homes and a high number of outright owners.
All postcode areas, 2021. The marker is 3111, VIC — higher than 87% of areas.
| 3111, VIC | $450 |
|---|---|
| Manningham | $462 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rents are much higher than most areas at $450, which is a little above the Victorian figure. Mortgage costs are also very high, with 37.1% of households paying $3,000 or more per month.
$450 ▲ +28.6%
Higher than 87% of postcode areas.
Median weekly rent paid by households renting their home.
$2,500 ▲ +17.8%
Higher than 90% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3111, VIC, $350–$549 is the majority at 60%; $550–$749 is next at 19%.
In 3111, VIC, the largest group is $3,000 or more at 40%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (16%).
How homes are owned or rented.
Home ownership is strong here, with 43.5% of homes owned outright, a figure far above the national average. Conversely, the proportion of households renting is far below the state and national figures at 15.4%.
15.4% ▲ +8.1%
Lower than 70% of postcode areas.
Share of occupied private dwellings that are rented.
43.5% ▼ -4.9%
Higher than 64% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3111, VIC, the largest group is Owned outright at 44%, followed by Owned with a mortgage (37%) and Rented (15%).
Houses, townhouses, apartments and bedrooms.
Large homes are the norm in postcode 3111, as 85.7% of dwellings have three or more bedrooms. Separate houses make up 86.8% of the housing stock, which is far above the national average.
0.80 ▼ -20.0%
Lower than 57% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
86.8% ▲ +2.6%
Lower than 64% of postcode areas.
Share of occupied private dwellings that are separate houses.
85.7% ▲ +0.3%
Higher than 76% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3111, VIC, Separate house is the majority at 87%; Townhouse / semi-detached is next at 10%.
3111, VIC splits fairly evenly between 4 bedrooms (39%) and 3 bedrooms (34%), with 5 or more at 14%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3111, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3111/3111-vic/topic/housing-dwellings