$225 ▲ +50.0%
Lower than 70% of postcode areas.
- 2011: $150
- 2016: $185
- 2021: $225
Median weekly rent paid by households renting their home.
3264, VIC · Postcode
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.
All postcode areas, 2021. The marker is 3264, VIC — lower than 70% of areas.
| 3264, VIC | $225 |
|---|---|
| Corangamite | $225 |
| Victoria | $370 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$1,066 ▲ +2.5%
Lower than 78% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3264, VIC, $200–$349 is the majority at 68%; Under $200 is next at 30%.
3264, VIC splits fairly evenly between Under $1,000 (45%) and $1,000–$1,799 (44%), with $1,800–$2,999 at 10%.
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.
Share of occupied private dwellings that are rented.
44.8% ▲ +3.4%
Higher than 68% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3264, VIC, the largest group is Owned outright at 45%, followed by Owned with a mortgage (29%) and Rented (20%).
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.
Average number of usual residents per bedroom — a crowding measure.
90.9% ▲ +0.7%
Lower than 53% of postcode areas.
Share of occupied private dwellings that are separate houses.
76.9% ▲ +1.2%
Lower than 57% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3264, VIC, Separate house is the majority at 92%; Townhouse / semi-detached is next at 7%.
In 3264, VIC, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 22%.
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