$420 ▲ +31.3%
Higher than 83% of postcode areas.
- 2011: $320
- 2016: $360
- 2021: $420
Median weekly rent paid by households renting their home.
3197, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Much higher costs than most similar areas mark the housing market in postcode 3197. The typical monthly mortgage payment is $2,100, and weekly rents are $420, both of which are a little above the state and national figures. This is an area where home ownership is strong, but the types of dwellings are shifting away from detached houses.
All postcode areas, 2021. The marker is 3197, VIC — higher than 83% of areas.
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,100, up $150 since 2011. This is much higher than most areas, with the usual weekly rent also being much higher than most places at $420.
$420 ▲ +31.3%
Higher than 83% of postcode areas.
Median weekly rent paid by households renting their home.
$2,100 ▲ +7.7%
Higher than 80% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3197, VIC, $350–$549 is the majority at 60%; $200–$349 is next at 15%.
In 3197, VIC, the largest group is $1,800–$2,999 at 37%, followed by $3,000 or more (24%) and $1,000–$1,799 (24%).
How homes are owned or rented.
Home ownership is common, with 35.8% of homes owned outright, which is well above the national figure of 31.0%. Meanwhile, the 20.8% of households renting is well below both the state and national rates.
20.8% ▼ -3.5%
Lower than 51% of postcode areas.
Share of occupied private dwellings that are rented.
35.8% ▲ +4.0%
Lower than 60% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
3197, VIC splits fairly evenly between Owned with a mortgage (39%) and Owned outright (36%), with Rented at 21%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 54.4% of homes, which is far below the state average of 73.4%. While 72.9% of homes have three or more bedrooms, the number of detached houses has fallen by 6.9 percentage points since 2011.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
54.4% ▼ -11.3%
Lower than 89% of postcode areas.
Share of occupied private dwellings that are separate houses.
72.9% ▲ +1.4%
Lower than 70% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3197, VIC, Separate house is the majority at 54%; Townhouse / semi-detached is next at 31%.
In 3197, VIC, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (24%) and 2 bedrooms (24%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3197, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3197/3197-vic/topic/housing-dwellings