$301 —
Higher than 52% of postcode areas.
- 2016: $270
- 2021: $301
Median weekly rent paid by households renting their home.
3234, VIC · Postcode
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.
All postcode areas, 2021. The marker is 3234, VIC — higher than 52% of areas.
| 3234, VIC | $301 |
|---|---|
| Colac Otway | $265 |
| Victoria | $370 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$1,733 —
Higher than 59% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3234, VIC, $200–$349 is the majority at 100%.
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%).
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.
Share of occupied private dwellings that are rented.
60.0% —
Higher than 97% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3234, VIC, Owned outright is the majority at 55%; Owned with a mortgage is next at 22%.
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.
Average number of usual residents per bedroom — a crowding measure.
94.4% —
Higher than 61% of postcode areas.
Share of occupied private dwellings that are separate houses.
73.3% —
Lower than 68% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3234, VIC, Separate house is the majority at 96%; Other dwelling is next at 4%.
In 3234, VIC, the largest group is 3 bedrooms at 46%, followed by 2 bedrooms (24%) and 4 bedrooms (23%).
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