$396 ▲ +23.8%
Higher than 77% of postcode areas.
- 2011: $320
- 2016: $360
- 2021: $396
Median weekly rent paid by households renting their home.
3168, VIC · Postcode
Housing & Dwellings in 3168, VIC
Where and how people live — the homes, how they are held, and what they cost.
Nearly 60% of households rent in postcode 3168, making it one of the highest-renting areas in the region. This rental dominance is paired with high living costs, where typical weekly rents of $396 and monthly mortgage payments of $2,000 are both much higher than in most similar areas.
$396
▲ +23.8%
- $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 3168, VIC — higher than 77% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $396, which is much higher than most areas and rose $76 since 2011. Monthly mortgage payments are also high at $2,000, though this is about the same as the figures for Victoria and Australia.
$2,000 ▲ +11.1%
Higher than 74% of postcode areas.
- 2011: $1,800
- 2016: $1,800
- 2021: $2,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3168, VIC, $350–$549 is the majority at 58%; $200–$349 is next at 21%.
Monthly mortgage distribution
View on map →In 3168, VIC, the largest group is $1,800–$2,999 at 41%, followed by $1,000–$1,799 (28%) and $3,000 or more (16%).
Owning & renting
How homes are owned or rented.
Renting is very common here at 59.2%, a figure far above the national level of 30.6%. Meanwhile, only 19% of homes are owned outright, which is far below the Victorian average and has fallen since 2011.
59.2% ▲ +9.2%
Higher than 97% of postcode areas.
- 2011: 54.2%
- 2016: 60.0%
- 2021: 59.2%
Share of occupied private dwellings that are rented.
19.0% ▼ -24.1%
Lower than 91% of postcode areas.
- 2011: 25.0%
- 2016: 19.2%
- 2021: 19.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3168, VIC, Rented is the majority at 59%; Owned outright is next at 19%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are uncommon, making up only 36.9% of homes, which is far below the state and national figures. Smaller homes are more typical, with 3-bedroom properties being much less common than in most other areas.
0.90 ▼ -25.0%
Higher than 86% of postcode areas.
- 2011: 1.20
- 2016: 1.00
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
36.9% ▼ -31.6%
Lower than 93% of postcode areas.
- 2011: 54.0%
- 2016: 38.5%
- 2021: 36.9%
Share of occupied private dwellings that are separate houses.
57.8% ▼ -8.2%
Lower than 88% of postcode areas.
- 2011: 63.0%
- 2016: 57.2%
- 2021: 57.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →3168, VIC splits fairly evenly between Townhouse / semi-detached (38%) and Separate house (37%), with Flat or apartment at 25%.
Bedrooms per home
View on map →3168, VIC splits fairly evenly between 3 bedrooms (37%) and 2 bedrooms (33%), with 4 bedrooms at 16%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3168, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3168, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3168/3168-vic/topic/housing-dwellings