3142, VIC · Postcode

Housing & Dwellings in 3142, VIC

Where and how people live — the homes, how they are held, and what they cost.

Nearly half of all homes in postcode 3142 are flats or apartments, making it an area dominated by higher-density living. This shift is reflected in housing costs, where typical monthly mortgage payments of $3,152 and weekly rents of $486 are far above state and national figures.

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📍 3142, VIC, Postcode

Where 3142, VIC sits — Median rent (weekly)

$486 ▲ +27.9%
  • $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 3142, VIC — higher than 90% of areas.

Median rent (weekly) compared with the state and national average
3142, VIC$486
Stonnington $421
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Housing costs are among the highest for similar areas. The usual monthly mortgage payment is far above the Victorian figure of $1,859, while typical weekly rents are well above the national average at $486.

$486 ▲ +27.9%

Higher than 90% of postcode areas.

  • 2011: $380
  • 2016: $431
  • 2021: $486

Median weekly rent paid by households renting their home.

$3,152 ▲ +16.7%

Higher than 99% of postcode areas.

  • 2011: $2,700
  • 2016: $2,500
  • 2021: $3,152

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3142, VIC, the largest group is $350–$549 at 40%, followed by $750 or more (21%) and $550–$749 (20%).

Monthly mortgage distribution

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In 3142, VIC, $3,000 or more is the majority at 55%; $1,800–$2,999 is next at 18%.

Owning & renting

How homes are owned or rented.

Owning a home outright is far more common here than in most areas, at 42.6%. Meanwhile, the share of households renting is much higher than in most areas, though this figure fell by 3.8 points since 2011.

31.1% ▼ -10.8%

Higher than 75% of postcode areas.

  • 2011: 34.9%
  • 2016: 34.2%
  • 2021: 31.1%

Share of occupied private dwellings that are rented.

42.6% ▲ +2.5%

Higher than 61% of postcode areas.

  • 2011: 41.6%
  • 2016: 40.4%
  • 2021: 42.6%

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

How homes are owned or rented

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In 3142, VIC, the largest group is Owned outright at 43%, followed by Rented (31%) and Owned with a mortgage (23%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are far less common here than across Australia, making up only 30.4% of homes. This is consistent with the low proportion of homes with three or more bedrooms, which is far below the state average.

0.80 ▼ -27.3%

Lower than 57% of postcode areas.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.80

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

30.4% ▼ -12.5%

Lower than 95% of postcode areas.

  • 2011: 34.7%
  • 2016: 30.3%
  • 2021: 30.4%

Share of occupied private dwellings that are separate houses.

51.9% ▲ +6.6%

Lower than 91% of postcode areas.

  • 2011: 48.7%
  • 2016: 48.8%
  • 2021: 51.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3142, VIC, the largest group is Flat or apartment at 50%, followed by Separate house (30%) and Townhouse / semi-detached (20%).

Bedrooms per home

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In 3142, VIC, the largest group is 2 bedrooms at 37%, followed by 3 bedrooms (30%) and 4 bedrooms (15%).

Sources

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

More for 3142, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3142, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3142/3142-vic/topic/housing-dwellings