$300 ▲ +106.9%
Higher than 51% of postcode areas.
- 2011: $145
- 2016: $124
- 2021: $300
Median weekly rent paid by households renting their home.
3243, VIC · Postcode
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.
All postcode areas, 2021. The marker is 3243, VIC — higher than 51% of areas.
| 3243, VIC | $300 |
|---|---|
| Colac Otway | $265 |
| Victoria | $370 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$1,500 ▲ +73.0%
Lower than 54% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3243, VIC, $200–$349 is the majority at 53%; $350–$549 is next at 47%.
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%).
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.
Share of occupied private dwellings that are rented.
47.3% ▼ -3.9%
Higher than 75% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3243, VIC, the largest group is Owned outright at 45%, followed by Owned with a mortgage (38%) and Rented (11%).
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.
Average number of usual residents per bedroom — a crowding measure.
100.0% → 0.0%
Higher than 99% of postcode areas.
Share of occupied private dwellings that are separate houses.
77.4% ▼ -0.8%
Lower than 54% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3243, VIC, Separate house is the majority at 100%.
In 3243, VIC, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (28%) and 2 bedrooms (16%).
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