3206, VIC · Postcode

Housing & Dwellings in 3206, VIC

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.

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📍 3206, VIC, Postcode

Where 3206, VIC sits — Median rent (weekly)

$600 ▲ +33.3%
  • $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 3206, VIC — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
3206, VIC$600
Port Phillip $420
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $450
  • 2016: $510
  • 2021: $600

Median weekly rent paid by households renting their home.

$3,467 ▲ +15.6%

Higher than 99% of postcode areas.

  • 2011: $3,000
  • 2016: $3,000
  • 2021: $3,467

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3206, VIC, the largest group is $750 or more at 33%, followed by $550–$749 (23%) and $350–$549 (23%).

Monthly mortgage distribution

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In 3206, VIC, $3,000 or more is the majority at 58%; $1,800–$2,999 is next at 17%.

Owning & renting

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.

  • 2011: 38.7%
  • 2016: 36.3%
  • 2021: 34.9%

Share of occupied private dwellings that are rented.

38.7% ▲ +9.6%

Lower than 52% of postcode areas.

  • 2011: 35.3%
  • 2016: 36.5%
  • 2021: 38.7%

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

How homes are owned or rented

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3206, VIC splits fairly evenly between Owned outright (39%) and Rented (35%), with Owned with a mortgage at 24%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

17.3% ▼ -43.3%

Lower than 99% of postcode areas.

  • 2011: 30.6%
  • 2016: 16.5%
  • 2021: 17.3%

Share of occupied private dwellings that are separate houses.

54.9% ▲ +13.7%

Lower than 90% of postcode areas.

  • 2011: 48.3%
  • 2016: 51.1%
  • 2021: 54.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3206, VIC, Townhouse / semi-detached is the majority at 61%; Flat or apartment is next at 22%.

Bedrooms per home

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3206, VIC splits fairly evenly between 3 bedrooms (38%) and 2 bedrooms (33%), with 4 bedrooms at 14%.

Sources

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

More for 3206, VIC

Cite this page

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