$601 ▲ +15.6%
Higher than 99% of postcode areas.
- 2011: $520
- 2016: $423
- 2021: $601
Median weekly rent paid by households renting their home.
3114, VIC · Postcode
Housing & Dwellings in 3114, VIC
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $3,000 make postcode 3114 one of the most expensive places to live in the region. This is a high-cost area where almost every home is a large, detached house. Most residents either own their home outright or are paying off a substantial loan.
$601
▲ +15.6%
- $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 3114, VIC — higher than 99% of areas.
| 3114, VIC | $601 |
|---|---|
| Manningham | $462 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Housing costs are far above the national figure, with typical weekly rents at $601 and typical monthly mortgage payments reaching $3,000. Both figures have risen since 2011, and nearly half of all mortgaged homes now cost $3,000 or more per month.
$3,000 ▲ +38.4%
Higher than 97% of postcode areas.
- 2011: $2,167
- 2016: $2,400
- 2021: $3,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3114, VIC, the largest group is $750 or more at 47%, followed by $550–$749 (29%) and $350–$549 (15%).
Monthly mortgage distribution
View on map →In 3114, VIC, the largest group is $3,000 or more at 50%, followed by $1,800–$2,999 (19%) and Under $1,000 (17%).
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 49.1% of homes owned outright, which is far above the Victorian average of 32.2%. Meanwhile, the proportion of households renting is among the lowest at this level and sits far below the national figure at just 3.3%.
3.3% ▼ -6.4%
Lower than 99% of postcode areas.
- 2011: 3.5%
- 2016: 3.4%
- 2021: 3.3%
Share of occupied private dwellings that are rented.
49.1% ▲ +1.3%
Higher than 80% of postcode areas.
- 2011: 48.5%
- 2016: 46.8%
- 2021: 49.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →3114, VIC splits fairly evenly between Owned outright (49%) and Owned with a mortgage (46%), with Rented at 3%.
Types of homes
Houses, townhouses, apartments and bedrooms.
The area consists almost entirely of separate houses, with 99.4% of dwellings being detached. These homes are typically very large, as 96.9% have three or more bedrooms, a figure far above the state and national averages.
0.80 ▼ -20.0%
Lower than 57% of postcode areas.
- 2011: 1.00
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
99.4% ▼ -0.3%
Higher than 91% of postcode areas.
- 2011: 99.7%
- 2016: 99.8%
- 2021: 99.4%
Share of occupied private dwellings that are separate houses.
96.9% ▲ +0.2%
Higher than 99% of postcode areas.
- 2011: 96.7%
- 2016: 95.4%
- 2021: 96.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3114, VIC, Separate house is the majority at 100%.
Bedrooms per home
View on map →In 3114, VIC, 4 bedrooms is the majority at 50%; 5 or more is next at 26%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3114, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3114, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3114/3114-vic/topic/housing-dwellings