3234, VIC · Postcode

Housing & Dwellings in 3234, VIC

Where and how people live — the homes, how they are held, and what they cost.

More people own their homes outright in postcode 3234 than in most similar areas. This is a region dominated by separate houses and a low number of renters. While many residents have no mortgage, those who do have seen typical monthly payments climb to $1,733.

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📍 3234, VIC, Postcode

Where 3234, VIC sits — Median rent (weekly)

$301
  • $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 3234, VIC — higher than 52% of areas.

Median rent (weekly) compared with the state and national average
3234, VIC$301
Colac Otway $265
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are higher than most areas and rose $583 since 2016. Meanwhile, weekly rent is about $301, which is a little below the national figure.

$301

Higher than 52% of postcode areas.

  • 2016: $270
  • 2021: $301

Median weekly rent paid by households renting their home.

$1,733

Higher than 59% of postcode areas.

  • 2016: $1,150
  • 2021: $1,733

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3234, VIC, $200–$349 is the majority at 100%.

Monthly mortgage distribution

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In 3234, VIC, the largest group is $1,000–$1,799 at 50%, followed by Under $1,000 (29%) and $3,000 or more (21%).

Owning & renting

How homes are owned or rented.

Ownership is very high here, with 60% of homes owned outright—far above the national figure of 31%. This shift is mirrored by a drop in renters, who now make up only 16.7% of households.

16.7%

Lower than 66% of postcode areas.

  • 2016: 27.0%
  • 2021: 16.7%

Share of occupied private dwellings that are rented.

60.0%

Higher than 97% of postcode areas.

  • 2016: 48.6%
  • 2021: 60.0%

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

How homes are owned or rented

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In 3234, VIC, Owned outright is the majority at 55%; Owned with a mortgage is next at 22%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 94.4% of the market, far above the Victorian average of 73.4%. These homes tend to be spacious, as 73.3% have three or more bedrooms, though the number of people per bedroom is lower than most areas.

0.70

Lower than 86% of postcode areas.

  • 2016: 0.70
  • 2021: 0.70

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

94.4%

Higher than 61% of postcode areas.

  • 2016: 90.5%
  • 2021: 94.4%

Share of occupied private dwellings that are separate houses.

73.3%

Lower than 68% of postcode areas.

  • 2016: 74.3%
  • 2021: 73.3%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3234, VIC, Separate house is the majority at 96%; Other dwelling is next at 4%.

Bedrooms per home

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In 3234, VIC, the largest group is 3 bedrooms at 46%, followed by 2 bedrooms (24%) and 4 bedrooms (23%).

Sources

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

More for 3234, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3234, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3234/3234-vic/topic/housing-dwellings