$420 ▲ +16.7%
Higher than 83% of postcode areas.
- 2011: $360
- 2016: $400
- 2021: $420
Median weekly rent paid by households renting their home.
3181, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Living costs are quite high in postcode 3181, where the typical weekly rent of $420 is much higher than in most other areas. This is a high-density neighborhood where a large majority of people rent their homes, and few residents own their property outright.
All postcode areas, 2021. The marker is 3181, VIC — higher than 83% of areas.
| 3181, VIC | $420 |
|---|---|
| Stonnington | $421 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
The typical monthly home loan payment is $2,200, which is a little above the national figure. Renters face similar pressure, with typical weekly rents rising $60 since 2011 to reach $420.
$420 ▲ +16.7%
Higher than 83% of postcode areas.
Median weekly rent paid by households renting their home.
$2,200 ▼ -2.4%
Higher than 86% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3181, VIC, the largest group is $350–$549 at 45%, followed by $200–$349 (20%) and $550–$749 (17%).
3181, VIC splits fairly evenly between $3,000 or more (35%) and $1,800–$2,999 (30%), with $1,000–$1,799 at 24%.
How homes are owned or rented.
Renting is very common here, with 55.5% of households renting, a figure far above the same rate for Victoria and Australia. Conversely, those who own their home outright make up only 18.7% of the area, which is far below the national average.
55.5% ▲ +0.1%
Higher than 95% of postcode areas.
Share of occupied private dwellings that are rented.
18.7% ▼ -5.7%
Lower than 92% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3181, VIC, Rented is the majority at 55%; Owned with a mortgage is next at 23%.
Houses, townhouses, apartments and bedrooms.
Most people live in flats or apartments (59.6%), and separate houses are far less common here than across the state. Because there are so few large homes, there are more people per bedroom than in most other areas.
0.90 ▼ -18.2%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
16.2% ▼ -37.8%
Lower than 99% of postcode areas.
Share of occupied private dwellings that are separate houses.
27.1% ▼ -7.1%
Lower than 99% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3181, VIC, Flat or apartment is the majority at 60%; Townhouse / semi-detached is next at 24%.
In 3181, VIC, the largest group is 2 bedrooms at 44%, followed by 1 bedroom (27%) and 3 bedrooms (21%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3181, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3181/3181-vic/topic/housing-dwellings