$600 ▲ +33.3%
Higher than 99% of postcode areas.
- 2011: $450
- 2016: $510
- 2021: $600
Median weekly rent paid by households renting their home.
3206, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly home loan payments of $3,467 are among the highest for areas like this, making postcode 3206 a very expensive place to live. Both mortgage and rent costs are far above the state and national figures. This high cost of living is paired with a housing stock that is much smaller than the Victorian average.
All postcode areas, 2021. The marker is 3206, VIC — higher than 99% of areas.
| 3206, VIC | $600 |
|---|---|
| Port Phillip | $420 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rent is far above the national figure at $600, and typical monthly mortgage payments of $3,467 are also among the highest at this level. Both costs have climbed since 2011, with rents rising by $150 per week.
$600 ▲ +33.3%
Higher than 99% of postcode areas.
Median weekly rent paid by households renting their home.
$3,467 ▲ +15.6%
Higher than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3206, VIC, the largest group is $750 or more at 33%, followed by $550–$749 (23%) and $350–$549 (23%).
In 3206, VIC, $3,000 or more is the majority at 58%; $1,800–$2,999 is next at 17%.
How homes are owned or rented.
Renting is much more common here than in most areas, with 34.9% of households renting. However, 38.7% of homes are owned outright, which is well above the Victorian average of 32.2%.
34.9% ▼ -9.6%
Higher than 81% of postcode areas.
Share of occupied private dwellings that are rented.
38.7% ▲ +9.6%
Lower than 52% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
3206, VIC splits fairly evenly between Owned outright (39%) and Rented (35%), with Owned with a mortgage at 24%.
Houses, townhouses, apartments and bedrooms.
Separate houses are far less common here than in the rest of Australia, making up only 17.3% of homes. Townhouses and semi-detached homes dominate at 60.5%, and homes with three or more bedrooms are far below the state average.
0.90 ▼ -18.2%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
17.3% ▼ -43.3%
Lower than 99% of postcode areas.
Share of occupied private dwellings that are separate houses.
54.9% ▲ +13.7%
Lower than 90% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3206, VIC, Townhouse / semi-detached is the majority at 61%; Flat or apartment is next at 22%.
3206, VIC splits fairly evenly between 3 bedrooms (38%) and 2 bedrooms (33%), with 4 bedrooms at 14%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3206, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3206/3206-vic/topic/housing-dwellings