3243, VIC · Postcode

Housing & Dwellings in 3243, VIC

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

Every single home in postcode 3243 is a separate house, making it a place of detached dwellings. This area is defined by high rates of outright home ownership and a housing market where typical costs sit a little below state and national figures.

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📍 3243, VIC, Postcode

Where 3243, VIC sits — Median rent (weekly)

$300 ▲ +106.9%
  • $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 3243, VIC — higher than 51% of areas.

Median rent (weekly) compared with the state and national average
3243, VIC$300
Colac Otway $265
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments of $1,500 and weekly rents of $300 are both a little below the Victorian averages. Since 2011, the usual monthly mortgage payment has risen by $633.

$300 ▲ +106.9%

Higher than 51% of postcode areas.

  • 2011: $145
  • 2016: $124
  • 2021: $300

Median weekly rent paid by households renting their home.

$1,500 ▲ +73.0%

Lower than 54% of postcode areas.

  • 2011: $867
  • 2016: $1,635
  • 2021: $1,500

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3243, VIC, $200–$349 is the majority at 53%; $350–$549 is next at 47%.

Monthly mortgage distribution

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In 3243, VIC, the largest group is $1,000–$1,799 at 46%, followed by Under $1,000 (30%) and $3,000 or more (16%).

Owning & renting

How homes are owned or rented.

Outright home ownership is far above the national figure at 47.3%, while the 11.0% of households renting is far below the Australian average.

11.0% ▼ -24.2%

Lower than 86% of postcode areas.

  • 2011: 14.5%
  • 2016: 8.8%
  • 2021: 11.0%

Share of occupied private dwellings that are rented.

47.3% ▼ -3.9%

Higher than 75% of postcode areas.

  • 2011: 49.2%
  • 2016: 51.5%
  • 2021: 47.3%

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

How homes are owned or rented

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In 3243, VIC, the largest group is Owned outright at 45%, followed by Owned with a mortgage (38%) and Rented (11%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Large homes are common here, with 77.4% of dwellings having three or more bedrooms. There are about 0.80 people per bedroom, which is much higher than most areas.

0.80 ▼ -27.3%

Lower than 57% of postcode areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

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

100.0% → 0.0%

Higher than 99% of postcode areas.

  • 2011: 100.0%
  • 2016: 100.0%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

77.4% ▼ -0.8%

Lower than 54% of postcode areas.

  • 2011: 78.0%
  • 2016: 83.8%
  • 2021: 77.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3243, VIC, Separate house is the majority at 100%.

Bedrooms per home

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In 3243, VIC, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (28%) and 2 bedrooms (16%).

Sources

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

More for 3243, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3243, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3243/3243-vic/topic/housing-dwellings