$351 ▲ +40.4%
Higher than 65% of postcode areas.
- 2011: $250
- 2016: $300
- 2021: $351
Median weekly rent paid by households renting their home.
3198, VIC · Postcode
Housing & Dwellings in 3198, VIC
Where and how people live — the homes, how they are held, and what they cost.
Higher than typical costs for loans and rent mark the housing market in postcode 3198. While most people live in separate houses, the area has a much higher proportion of renters compared to other similar places. This mix of tenure and rising costs reflects a dynamic local property market.
$351
▲ +40.4%
- $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 3198, VIC — higher than 65% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are $1,850 and weekly rents are $351, both of which are higher than most areas. Since 2011, the usual monthly mortgage has risen by $297 and weekly rent has climbed by $101.
$1,850 ▲ +19.1%
Higher than 66% of postcode areas.
- 2011: $1,553
- 2016: $1,600
- 2021: $1,850
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3198, VIC, the largest group is $350–$549 at 50%, followed by $200–$349 (35%) and Under $200 (11%).
Monthly mortgage distribution
View on map →In 3198, VIC, the largest group is $1,800–$2,999 at 40%, followed by $1,000–$1,799 (30%) and Under $1,000 (17%).
Owning & renting
How homes are owned or rented.
Renters make up 32.9% of the area, which is well above the Victorian figure of 28.5%. Meanwhile, the 27.5% of homes owned outright is well below the national average of 31.0%.
32.9% ▲ +3.5%
Higher than 78% of postcode areas.
- 2011: 31.8%
- 2016: 32.3%
- 2021: 32.9%
Share of occupied private dwellings that are rented.
27.5% ▼ -5.3%
Lower than 80% of postcode areas.
- 2011: 29.0%
- 2016: 27.4%
- 2021: 27.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →3198, VIC splits fairly evenly between Owned with a mortgage (35%) and Rented (33%), with Owned outright at 27%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are common at 73.6%, though the 70.8% of homes with three or more bedrooms is a little below the national figure. About 0.80 people live per bedroom, a figure that has moved down since 2011.
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.
73.6% ▲ +1.8%
Lower than 79% of postcode areas.
- 2011: 72.3%
- 2016: 72.9%
- 2021: 73.6%
Share of occupied private dwellings that are separate houses.
70.8% ▲ +2.5%
Lower than 74% of postcode areas.
- 2011: 69.1%
- 2016: 69.6%
- 2021: 70.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3198, VIC, Separate house is the majority at 74%; Townhouse / semi-detached is next at 23%.
Bedrooms per home
View on map →In 3198, VIC, 3 bedrooms is the majority at 54%; 2 bedrooms is next at 23%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3198, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3198, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3198/3198-vic/topic/housing-dwellings