$415 ▲ +15.3%
Higher than 82% of postcode areas.
- 2011: $360
- 2016: $410
- 2021: $415
Median weekly rent paid by households renting their home.
3141, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
More than 60% of households rent in postcode 3141, which is far above the national figure. This high rental rate is consistent with a housing market dominated by apartments and flats rather than family homes. Costs for both renting and mortgages in the area are much higher than in most other similar places.
All postcode areas, 2021. The marker is 3141, VIC — higher than 82% of areas.
| 3141, VIC | $415 |
|---|---|
| Stonnington | $421 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $415 and monthly mortgage payments are $2,100, both of which are much higher than most areas. While rent rose by $55 since 2011, the typical monthly mortgage payment fell by $191 over the same period.
$415 ▲ +15.3%
Higher than 82% of postcode areas.
Median weekly rent paid by households renting their home.
$2,100 ▼ -8.3%
Higher than 80% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3141, VIC, the largest group is $350–$549 at 46%, followed by $200–$349 (23%) and $550–$749 (16%).
3141, VIC splits fairly evenly between $3,000 or more (32%) and $1,800–$2,999 (30%), with $1,000–$1,799 at 27%.
How homes are owned or rented.
Renting is very common here, with 61.8% of households renting, a figure far above the 30.6% national average. Conversely, the 17.8% of homes owned outright is among the lowest for similar areas and far below the state figure.
61.8% ▲ +1.6%
Higher than 98% of postcode areas.
Share of occupied private dwellings that are rented.
17.8% ▼ -11.3%
Lower than 92% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3141, VIC, Rented is the majority at 62%; Owned outright is next at 18%.
Houses, townhouses, apartments and bedrooms.
Apartments and flats make up 79.5% of homes, which helps explain why separate houses are far less common here than in the rest of Australia. Only 20.9% of homes have three or more bedrooms, and the number of detached houses fell 7.5 points since 2011.
0.90 ▼ -25.0%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
7.4% ▼ -50.5%
Lower than 99% of postcode areas.
Share of occupied private dwellings that are separate houses.
20.9% ▼ -19.4%
Lower than 99% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3141, VIC, Flat or apartment is the majority at 80%; Townhouse / semi-detached is next at 13%.
In 3141, VIC, the largest group is 2 bedrooms at 47%, followed by 1 bedroom (31%) and 3 bedrooms (17%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3141, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3141/3141-vic/topic/housing-dwellings