3264, VIC · Postcode

Housing & Dwellings in 3264, VIC

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

Typical monthly mortgage payments of just $1,066 make postcode 3264 a much more affordable place to live than most areas. Housing costs here are far below the Victorian and national figures, with a strong preference for large, detached family homes.

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📍 3264, VIC, Postcode

Where 3264, VIC sits — Median rent (weekly)

$225 ▲ +50.0%
  • $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 3264, VIC — lower than 70% of areas.

Median rent (weekly) compared with the state and national average
3264, VIC$225
Corangamite $225
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rent is far below the national figure at $225, though it has risen by $75 since 2011. Similarly, the typical monthly mortgage payment is far below the state average, having risen slightly by $26 over the last decade.

$225 ▲ +50.0%

Lower than 70% of postcode areas.

  • 2011: $150
  • 2016: $185
  • 2021: $225

Median weekly rent paid by households renting their home.

$1,066 ▲ +2.5%

Lower than 78% of postcode areas.

  • 2011: $1,040
  • 2016: $1,045
  • 2021: $1,066

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3264, VIC, $200–$349 is the majority at 68%; Under $200 is next at 30%.

Monthly mortgage distribution

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3264, VIC splits fairly evenly between Under $1,000 (45%) and $1,000–$1,799 (44%), with $1,800–$2,999 at 10%.

Owning & renting

How homes are owned or rented.

Home ownership is strong in this area, with 44.8% of homes owned outright, a figure far above the national average. Meanwhile, the percentage of households renting has fallen to 20.3%, which is well below the Victorian average.

20.3% ▼ -14.9%

Lower than 53% of postcode areas.

  • 2011: 23.9%
  • 2016: 22.7%
  • 2021: 20.3%

Share of occupied private dwellings that are rented.

44.8% ▲ +3.4%

Higher than 68% of postcode areas.

  • 2011: 43.3%
  • 2016: 42.5%
  • 2021: 44.8%

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

How homes are owned or rented

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In 3264, VIC, the largest group is Owned outright at 45%, followed by Owned with a mortgage (29%) and Rented (20%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are very common, making up 90.9% of all homes, which is far above the state figure. Most of these are large, with 76.9% having three or more bedrooms, though there are fewer people per bedroom than in most areas.

0.70 ▼ -36.4%

Lower than 86% of postcode areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

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

90.9% ▲ +0.7%

Lower than 53% of postcode areas.

  • 2011: 90.3%
  • 2016: 90.2%
  • 2021: 90.9%

Share of occupied private dwellings that are separate houses.

76.9% ▲ +1.2%

Lower than 57% of postcode areas.

  • 2011: 76.0%
  • 2016: 75.1%
  • 2021: 76.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3264, VIC, Separate house is the majority at 92%; Townhouse / semi-detached is next at 7%.

Bedrooms per home

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In 3264, VIC, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 22%.

Sources

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

More for 3264, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3264, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3264/3264-vic/topic/housing-dwellings