$515 ▲ +39.2%
Higher than 93% of postcode areas.
- 2011: $370
- 2016: $430
- 2021: $515
Median weekly rent paid by households renting their home.
3126, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Far higher housing costs than most similar areas mark postcode 3126, where the typical monthly mortgage payment reaches $3,500. This is a high-cost area with a strong trend toward outright home ownership and larger houses.
All postcode areas, 2021. The marker is 3126, VIC — higher than 93% of areas.
| 3126, VIC | $515 |
|---|---|
| Boroondara | $451 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are far above the Victorian figure of $1,859, having risen $683 since 2011. Weekly rents are also well above the national figure, with a typical cost of $515.
$515 ▲ +39.2%
Higher than 93% of postcode areas.
Median weekly rent paid by households renting their home.
$3,500 ▲ +24.2%
Higher than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3126, VIC, the largest group is $350–$549 at 38%, followed by $750 or more (29%) and $550–$749 (18%).
In 3126, VIC, $3,000 or more is the majority at 61%; $1,800–$2,999 is next at 17%.
How homes are owned or rented.
Home ownership is very strong here, with 47.9% of homes owned outright—far above the national figure of 31%. Meanwhile, the share of households renting is far below the Australian average.
19.0% ▼ -6.4%
Lower than 57% of postcode areas.
Share of occupied private dwellings that are rented.
47.9% ▲ +4.2%
Higher than 76% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3126, VIC, the largest group is Owned outright at 48%, followed by Owned with a mortgage (30%) and Rented (19%).
Houses, townhouses, apartments and bedrooms.
While separate houses are more common than other types, they make up 64.6% of homes, which is well below the national figure. Larger homes are popular, with 76.5% of dwellings having three or more bedrooms.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
64.6% ▼ -6.3%
Lower than 86% of postcode areas.
Share of occupied private dwellings that are separate houses.
76.5% ▲ +6.0%
Lower than 58% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3126, VIC, Separate house is the majority at 65%; Townhouse / semi-detached is next at 23%.
3126, VIC splits fairly evenly between 3 bedrooms (32%) and 4 bedrooms (31%), with 2 bedrooms at 20%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3126, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3126/3126-vic/topic/housing-dwellings