3187, VIC · Postcode

Housing & Dwellings in 3187, VIC

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

Typical monthly mortgage payments of $3,300 make postcode 3187 one of the most expensive places to live in the region. Housing costs are far above state and national levels, creating a high financial barrier for residents. This is balanced by a strong rate of home ownership, with over 40% of homes owned outright.

Open map →
📍 3187, VIC, Postcode

Where 3187, VIC sits — Median rent (weekly)

$600 ▲ +36.1%
  • $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 3187, VIC — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
3187, VIC$600
Bayside $520
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical weekly rent of $600 is far above the national figure of $375. This high cost is mirrored for homeowners, whose typical monthly mortgage payments rose by $808 since 2011 to reach $3,300.

$600 ▲ +36.1%

Higher than 99% of postcode areas.

  • 2011: $441
  • 2016: $500
  • 2021: $600

Median weekly rent paid by households renting their home.

$3,300 ▲ +32.4%

Higher than 99% of postcode areas.

  • 2011: $2,492
  • 2016: $2,500
  • 2021: $3,300

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

View on map →

In 3187, VIC, the largest group is $750 or more at 33%, followed by $550–$749 (26%) and $350–$549 (25%).

Monthly mortgage distribution

View on map →

In 3187, VIC, $3,000 or more is the majority at 58%; $1,800–$2,999 is next at 19%.

Owning & renting

How homes are owned or rented.

Home ownership is common here, with 40.6% of homes owned outright, which is well above the Victorian average of 32.2%. Meanwhile, the 19.5% of households that rent is far below the national figure of 30.6%.

19.5% ▼ -0.2%

Lower than 56% of postcode areas.

  • 2011: 19.5%
  • 2016: 19.6%
  • 2021: 19.5%

Share of occupied private dwellings that are rented.

40.6% ▼ -5.3%

Higher than 54% of postcode areas.

  • 2011: 42.9%
  • 2016: 41.4%
  • 2021: 40.6%

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

How homes are owned or rented

View on map →

In 3187, VIC, the largest group is Owned outright at 41%, followed by Owned with a mortgage (34%) and Rented (20%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Most homes are larger, as 76.5% have three or more bedrooms. While separate houses make up 67.9% of the area, this is well below the state average of 73.4%, reflecting a higher share of townhouses and semi-detached homes.

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.

67.9% ▼ -0.6%

Lower than 84% of postcode areas.

  • 2011: 68.3%
  • 2016: 65.9%
  • 2021: 67.9%

Share of occupied private dwellings that are separate houses.

76.5% ▲ +5.2%

Lower than 58% of postcode areas.

  • 2011: 72.8%
  • 2016: 73.4%
  • 2021: 76.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

View on map →

In 3187, VIC, Separate house is the majority at 68%; Townhouse / semi-detached is next at 24%.

Bedrooms per home

View on map →

In 3187, VIC, the largest group is 3 bedrooms at 37%, followed by 4 bedrooms (31%) and 2 bedrooms (18%).

Sources

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

More for 3187, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3187, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3187/3187-vic/topic/housing-dwellings