3121, VIC · Postcode

Housing & Dwellings in 3121, VIC

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

More than half of all households in postcode 3121 are renting, making it one of the most rental-heavy areas in the region. This high rental rate is paired with costs that are much higher than most areas, with typical weekly rents reaching $450.

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📍 3121, VIC, Postcode

Where 3121, VIC sits — Median rent (weekly)

$450 ▲ +21.6%
  • $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 3121, VIC — higher than 87% of areas.

Median rent (weekly) compared with the state and national average
3121, VIC$450
Yarra $451
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $450, which is a little above the national figure of $375. For those with mortgages, typical monthly payments are $2,298, which is also a little above the Victorian average.

$450 ▲ +21.6%

Higher than 87% of postcode areas.

  • 2011: $370
  • 2016: $416
  • 2021: $450

Median weekly rent paid by households renting their home.

$2,298 ▼ -3.4%

Higher than 87% of postcode areas.

  • 2011: $2,380
  • 2016: $2,200
  • 2021: $2,298

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3121, VIC, the largest group is $350–$549 at 39%, followed by $550–$749 (22%) and $200–$349 (17%).

Monthly mortgage distribution

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In 3121, VIC, the largest group is $3,000 or more at 36%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (23%).

Owning & renting

How homes are owned or rented.

Renting is very common here at 54.3%, a figure far above the national average of 30.6%. Conversely, only 18.8% of homes are owned outright, which is far below the 31% seen across Australia.

54.3% ▲ +1.7%

Higher than 94% of postcode areas.

  • 2011: 53.4%
  • 2016: 55.4%
  • 2021: 54.3%

Share of occupied private dwellings that are rented.

18.8% ▼ -3.2%

Lower than 91% of postcode areas.

  • 2011: 19.4%
  • 2016: 18.6%
  • 2021: 18.8%

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

How homes are owned or rented

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In 3121, VIC, Rented is the majority at 54%; Owned with a mortgage is next at 25%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Small homes dominate the landscape, as separate houses make up only 15.5% of dwellings, far below the state figure of 73.4%. This lack of larger homes helps explain why there are more people per bedroom here than in most other areas.

1.00 ▼ -16.7%

Higher than 93% of postcode areas.

  • 2011: 1.20
  • 2016: 1.00
  • 2021: 1.00

Average number of usual residents per bedroom — a crowding measure.

15.5% ▼ -45.5%

Lower than 99% of postcode areas.

  • 2011: 28.3%
  • 2016: 12.5%
  • 2021: 15.5%

Share of occupied private dwellings that are separate houses.

32.3% ▼ -7.3%

Lower than 99% of postcode areas.

  • 2011: 34.8%
  • 2016: 32.5%
  • 2021: 32.3%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3121, VIC, Flat or apartment is the majority at 52%; Townhouse / semi-detached is next at 32%.

Bedrooms per home

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In 3121, VIC, the largest group is 2 bedrooms at 44%, followed by 3 bedrooms (26%) and 1 bedroom (23%).

Sources

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

More for 3121, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3121, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3121/3121-vic/topic/housing-dwellings