$540 ▲ +20.0%
Higher than 95% of postcode areas.
- 2011: $450
- 2016: $496
- 2021: $540
Median weekly rent paid by households renting their home.
3207, VIC · Postcode
Housing & Dwellings in 3207, VIC
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents in postcode 3207 have risen by $90 since 2011, reaching a typical price of $540. This area is now marked by high housing costs and a very high proportion of renters compared to the rest of the country.
$540
▲ +20.0%
- $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 3207, VIC — higher than 95% of areas.
| 3207, VIC | $540 |
|---|---|
| Port Phillip | $420 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents of $540 and monthly mortgage payments of $2,500 are both well above the national figures. These costs are among the highest for similar areas, with 40.3% of mortgage holders paying $3,000 or more each month.
$2,500 ▼ -0.5%
Higher than 90% of postcode areas.
- 2011: $2,513
- 2016: $2,500
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →3207, VIC splits fairly evenly between $350–$549 (31%) and $550–$749 (28%), with $750 or more at 21%.
Monthly mortgage distribution
View on map →In 3207, VIC, the largest group is $3,000 or more at 43%, followed by $1,800–$2,999 (29%) and $1,000–$1,799 (16%).
Owning & renting
How homes are owned or rented.
Renting is far more common here than in the rest of Victoria, with 43.3% of households renting. Meanwhile, the share of homes owned outright is well below the national average at 25.8%.
43.3% ▼ -6.8%
Higher than 89% of postcode areas.
- 2011: 46.5%
- 2016: 46.5%
- 2021: 43.3%
Share of occupied private dwellings that are rented.
25.8% ▲ +8.2%
Lower than 84% of postcode areas.
- 2011: 23.8%
- 2016: 24.5%
- 2021: 25.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3207, VIC, the largest group is Rented at 43%, followed by Owned with a mortgage (28%) and Owned outright (26%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Small homes dominate the landscape, as separate houses make up only 6.0% of dwellings, far below the state average. Half of all homes are flats or apartments, and the proportion of homes with three or more bedrooms is far below the national figure.
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.
6.0% ▼ -42.6%
Lower than 99% of postcode areas.
- 2011: 10.4%
- 2016: 4.9%
- 2021: 6.0%
Share of occupied private dwellings that are separate houses.
42.3% ▲ +5.3%
Lower than 95% of postcode areas.
- 2011: 40.2%
- 2016: 38.4%
- 2021: 42.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3207, VIC, the largest group is Flat or apartment at 50%, followed by Townhouse / semi-detached (44%) and Separate house (6%).
Bedrooms per home
View on map →In 3207, VIC, the largest group is 2 bedrooms at 42%, followed by 3 bedrooms (34%) and 1 bedroom (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3207, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3207, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3207/3207-vic/topic/housing-dwellings