$400 ▲ +17.6%
Higher than 78% of postcode areas.
- 2011: $340
- 2016: $371
- 2021: $400
Median weekly rent paid by households renting their home.
3122, VIC · Postcode
Housing & Dwellings in 3122, VIC
Where and how people live — the homes, how they are held, and what they cost.
A shift toward apartment living has marked postcode 3122 since 2011, with detached houses falling 9.1 percentage points. The area is now characterized by high housing costs and a very high proportion of renters. Nearly half of all households rent their homes, which is far above the national figure.
$400
▲ +17.6%
- $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 3122, VIC — higher than 78% of areas.
| 3122, VIC | $400 |
|---|---|
| Boroondara | $451 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $400 and monthly mortgage payments are $2,259, both of which are much higher than most areas. Since 2011, typical rents have risen by $60 and home loan payments have increased by $59.
$2,259 ▲ +2.7%
Higher than 87% of postcode areas.
- 2011: $2,200
- 2016: $2,167
- 2021: $2,259
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3122, VIC, the largest group is $350–$549 at 50%, followed by $200–$349 (27%) and $550–$749 (11%).
Monthly mortgage distribution
View on map →In 3122, VIC, the largest group is $3,000 or more at 38%, followed by $1,800–$2,999 (27%) and $1,000–$1,799 (23%).
Owning & renting
How homes are owned or rented.
Renting is very common here at 45.6%, a figure far above the Victorian average of 28.5%. Meanwhile, the share of homes owned outright is 26.8%, which is well below the national figure of 31.0%.
45.6% ▼ -9.3%
Higher than 90% of postcode areas.
- 2011: 50.2%
- 2016: 51.1%
- 2021: 45.6%
Share of occupied private dwellings that are rented.
26.8% ▲ +4.9%
Lower than 82% of postcode areas.
- 2011: 25.6%
- 2016: 24.3%
- 2021: 26.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3122, VIC, the largest group is Rented at 46%, followed by Owned outright (27%) and Owned with a mortgage (25%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 59.1% of homes, meaning separate houses are far less common here than across Australia. This lack of large homes is reflected in the fact that only 37.8% of dwellings have three or more bedrooms.
0.90 ▼ -25.0%
Higher than 86% of postcode areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
24.3% ▼ -27.1%
Lower than 97% of postcode areas.
- 2011: 33.4%
- 2016: 23.5%
- 2021: 24.3%
Share of occupied private dwellings that are separate houses.
37.8% ▲ +1.5%
Lower than 97% of postcode areas.
- 2011: 37.3%
- 2016: 35.1%
- 2021: 37.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3122, VIC, Flat or apartment is the majority at 59%; Separate house is next at 24%.
Bedrooms per home
View on map →In 3122, VIC, the largest group is 2 bedrooms at 40%, followed by 3 bedrooms (21%) and 1 bedroom (21%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3122, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3122, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3122/3122-vic/topic/housing-dwellings