$491 ▲ +40.3%
Higher than 91% of postcode areas.
- 2011: $350
- 2016: $350
- 2021: $491
Median weekly rent paid by households renting their home.
3115, VIC · Postcode
Housing & Dwellings in 3115, VIC
Where and how people live — the homes, how they are held, and what they cost.
Much higher housing costs than most similar areas define postcode 3115, where the typical monthly mortgage payment is $2,300. This is a wealthy, stable pocket of Greater Melbourne dominated by large family homes. The area is notable for its very low rental rates and a high proportion of residents who own their homes outright.
$491
▲ +40.3%
- $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 3115, VIC — higher than 91% of areas.
| 3115, VIC | $491 |
|---|---|
| Manningham | $462 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Weekly rents are among the highest at this level, sitting well above the national figure at $491. Mortgage payments are also a little above the state and national averages, rising by $300 since 2011.
$2,300 ▲ +15.0%
Higher than 87% of postcode areas.
- 2011: $2,000
- 2016: $2,000
- 2021: $2,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3115, VIC, $350–$549 is the majority at 51%; $200–$349 is next at 22%.
Monthly mortgage distribution
View on map →In 3115, VIC, the largest group is $3,000 or more at 38%, followed by $1,800–$2,999 (29%) and $1,000–$1,799 (17%).
Owning & renting
How homes are owned or rented.
Ownership is very common here, with 44.1% of homes owned outright—far above the state and national figures. Only 5.4% of households rent, which is among the lowest rates for similar areas.
5.4% ▼ -16.0%
Lower than 98% of postcode areas.
- 2011: 6.4%
- 2016: 6.4%
- 2021: 5.4%
Share of occupied private dwellings that are rented.
44.1% ▲ +11.0%
Higher than 65% of postcode areas.
- 2011: 39.7%
- 2016: 40.3%
- 2021: 44.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →3115, VIC splits fairly evenly between Owned with a mortgage (49%) and Owned outright (44%), with Rented at 5%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 99.7% of the market, far above the state and national figures. These homes are typically large, with 95.8% having three or more bedrooms, which is among the highest rates for similar areas.
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.
99.7% ▼ -0.3%
Higher than 95% of postcode areas.
- 2011: 100.0%
- 2016: 99.9%
- 2021: 99.7%
Share of occupied private dwellings that are separate houses.
95.8% ▼ -0.2%
Higher than 99% of postcode areas.
- 2011: 95.9%
- 2016: 94.9%
- 2021: 95.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3115, VIC, Separate house is the majority at 100%; Flat or apartment is next at 0%.
Bedrooms per home
View on map →In 3115, VIC, the largest group is 4 bedrooms at 48%, followed by 3 bedrooms (27%) and 5 or more (21%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3115, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3115, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3115/3115-vic/topic/housing-dwellings