$480 ▲ +29.7%
Higher than 90% of postcode areas.
- 2011: $370
- 2016: $426
- 2021: $480
Median weekly rent paid by households renting their home.
3150, VIC · Postcode
Housing & Dwellings in 3150, VIC
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,500 are among the highest for similar areas in postcode 3150. This is an expensive place to live, where home loans and rents are well above the state and national figures. Large family homes dominate the landscape, though the proportion of people owning their homes outright has fallen since 2011.
$480
▲ +29.7%
- $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 3150, VIC — higher than 90% of areas.
Housing costs
Rents, mortgages and crowding.
Weekly rent is well above the national figure at $480, and the usual monthly mortgage payment is much higher than most areas at $2,500. Both costs have risen since 2011, with typical monthly loan payments climbing by $500.
$2,500 ▲ +25.0%
Higher than 90% of postcode areas.
- 2011: $2,000
- 2016: $2,000
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3150, VIC, $350–$549 is the majority at 60%; $550–$749 is next at 24%.
Monthly mortgage distribution
View on map →In 3150, VIC, the largest group is $3,000 or more at 42%, followed by $1,800–$2,999 (26%) and Under $1,000 (17%).
Owning & renting
How homes are owned or rented.
A far higher share of people own their homes outright compared to the rest of Australia, at 43.2%. Meanwhile, the proportion of households renting is well below the Victorian average at 22.4%, though this figure rose by 4.7 points since 2011.
22.4% ▲ +26.5%
Higher than 55% of postcode areas.
- 2011: 17.7%
- 2016: 21.0%
- 2021: 22.4%
Share of occupied private dwellings that are rented.
43.2% ▼ -12.3%
Higher than 63% of postcode areas.
- 2011: 49.3%
- 2016: 46.5%
- 2021: 43.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3150, VIC, the largest group is Owned outright at 43%, followed by Owned with a mortgage (29%) and Rented (22%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are very common here, making up 81.0% of all dwellings. This helps explain why the area has a much higher rate of homes with three or more bedrooms than most other places, at 86.4%.
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.
81.0% ▼ -5.1%
Lower than 73% of postcode areas.
- 2011: 85.4%
- 2016: 85.1%
- 2021: 81.0%
Share of occupied private dwellings that are separate houses.
86.4% ▼ -3.4%
Higher than 79% of postcode areas.
- 2011: 89.5%
- 2016: 88.1%
- 2021: 86.4%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3150, VIC, Separate house is the majority at 81%; Flat or apartment is next at 10%.
Bedrooms per home
View on map →In 3150, VIC, the largest group is 4 bedrooms at 40%, followed by 3 bedrooms (35%) and 5 or more (13%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3150, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3150, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3150/3150-vic/topic/housing-dwellings