3126, VIC · Postcode

Housing & Dwellings in 3126, VIC

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.

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📍 3126, VIC, Postcode

Where 3126, VIC sits — Median rent (weekly)

$515 ▲ +39.2%
  • $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 3126, VIC — higher than 93% of areas.

Median rent (weekly) compared with the state and national average
3126, VIC$515
Boroondara $451
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $370
  • 2016: $430
  • 2021: $515

Median weekly rent paid by households renting their home.

$3,500 ▲ +24.2%

Higher than 99% of postcode areas.

  • 2011: $2,817
  • 2016: $2,723
  • 2021: $3,500

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3126, VIC, the largest group is $350–$549 at 38%, followed by $750 or more (29%) and $550–$749 (18%).

Monthly mortgage distribution

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In 3126, VIC, $3,000 or more is the majority at 61%; $1,800–$2,999 is next at 17%.

Owning & renting

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.

  • 2011: 20.3%
  • 2016: 20.6%
  • 2021: 19.0%

Share of occupied private dwellings that are rented.

47.9% ▲ +4.2%

Higher than 76% of postcode areas.

  • 2011: 46.0%
  • 2016: 45.1%
  • 2021: 47.9%

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

How homes are owned or rented

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In 3126, VIC, the largest group is Owned outright at 48%, followed by Owned with a mortgage (30%) and Rented (19%).

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

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

64.6% ▼ -6.3%

Lower than 86% of postcode areas.

  • 2011: 68.9%
  • 2016: 65.5%
  • 2021: 64.6%

Share of occupied private dwellings that are separate houses.

76.5% ▲ +6.0%

Lower than 58% of postcode areas.

  • 2011: 72.2%
  • 2016: 74.7%
  • 2021: 76.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3126, VIC, Separate house is the majority at 65%; Townhouse / semi-detached is next at 23%.

Bedrooms per home

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3126, VIC splits fairly evenly between 3 bedrooms (32%) and 4 bedrooms (31%), with 2 bedrooms at 20%.

Sources

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

More for 3126, VIC

Cite this page

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