$391 ▲ +29.9%
Higher than 76% of postcode areas.
- 2011: $301
- 2016: $356
- 2021: $391
Median weekly rent paid by households renting their home.
3128, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Nearly half of all households in postcode 3128 rent their homes, making it one of the highest-renting areas at this level. This high rental rate is paired with housing costs that are much higher than most other similar areas, creating a local market where both renting and mortgages are relatively expensive.
All postcode areas, 2021. The marker is 3128, VIC — higher than 76% of areas.
| 3128, VIC | $391 |
|---|---|
| Whitehorse | $411 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $391 and the usual monthly home loan payment is $2,088, both of which are much higher than most areas. Since 2011, weekly rents have risen by $90.
$391 ▲ +29.9%
Higher than 76% of postcode areas.
Median weekly rent paid by households renting their home.
$2,088 ▲ +4.4%
Higher than 79% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3128, VIC, $350–$549 is the majority at 55%; $200–$349 is next at 24%.
3128, VIC splits fairly evenly between $3,000 or more (32%) and $1,800–$2,999 (29%), with $1,000–$1,799 at 23%.
How homes are owned or rented.
Renting is common here at 47.3%, which is far above the national figure of 30.6%. Meanwhile, the share of homes owned outright has fallen to 24.1%, a figure well below the Australian average.
47.3% ▲ +22.1%
Higher than 91% of postcode areas.
Share of occupied private dwellings that are rented.
24.1% ▼ -15.9%
Lower than 86% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3128, VIC, the largest group is Rented at 47%, followed by Owned outright (24%) and Owned with a mortgage (24%).
Houses, townhouses, apartments and bedrooms.
Separate houses are far less common here than across Victoria, making up only 37.2% of homes. This is consistent with the area having far fewer three-bedroom homes than the national average, with most dwellings being two-bedroom units.
0.90 ▼ -18.2%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
37.2% ▼ -30.7%
Lower than 93% of postcode areas.
Share of occupied private dwellings that are separate houses.
45.4% ▼ -16.3%
Lower than 94% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
3128, VIC splits fairly evenly between Flat or apartment (39%) and Separate house (37%), with Townhouse / semi-detached at 24%.
In 3128, VIC, the largest group is 2 bedrooms at 41%, followed by 3 bedrooms (27%) and 4 bedrooms (15%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3128, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3128/3128-vic/topic/housing-dwellings