3324, VIC · Postcode

Housing & Dwellings in 3324, VIC

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

Housing costs in postcode 3324 are among the lowest for similar areas. The Typical monthly mortgage payment is just $650, which is far below the national figure of $1,863. This area is heavily dominated by separate houses and a high proportion of residents who own their homes outright.

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📍 3324, VIC, Postcode

Where 3324, VIC sits — Median rent (weekly)

$150 ▲ +100.0%
  • $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 3324, VIC — lower than 89% of areas.

Median rent (weekly) compared with the state and national average
3324, VIC$150
Corangamite $225
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is far below the national figure at $150, though this has risen $75 since 2011. Mortgage payments are also very low, with the usual monthly payment of $650 sitting far below the Victorian average of $1,859.

$150 ▲ +100.0%

Lower than 89% of postcode areas.

  • 2011: $75
  • 2016: $102
  • 2021: $150

Median weekly rent paid by households renting their home.

$650 ▲ +35.4%

Lower than 94% of postcode areas.

  • 2011: $480
  • 2016: $666
  • 2021: $650

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3324, VIC, Under $200 is the majority at 71%; $200–$349 is next at 29%.

Monthly mortgage distribution

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In 3324, VIC, Under $1,000 is the majority at 86%; $1,000–$1,799 is next at 10%.

Owning & renting

How homes are owned or rented.

Home ownership is strong here, with 45.7% of homes owned outright, which is far above the Australian figure of 31%. At the same time, the 17.4% of households renting is far below the national average of 30.6%.

17.4% ▲ +18.4%

Lower than 63% of postcode areas.

  • 2011: 14.7%
  • 2016: 18.4%
  • 2021: 17.4%

Share of occupied private dwellings that are rented.

45.7% ▼ -14.5%

Higher than 70% of postcode areas.

  • 2011: 53.5%
  • 2016: 49.8%
  • 2021: 45.7%

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

How homes are owned or rented

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In 3324, VIC, the largest group is Owned outright at 45%, followed by Owned with a mortgage (27%) and Rented (17%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 95.3% of all homes, a figure far above the national average. While 71.7% of homes have three or more bedrooms, there are fewer people per bedroom than in most other areas.

0.70 ▼ -30.0%

Lower than 86% of postcode areas.

  • 2011: 1.00
  • 2016: 0.70
  • 2021: 0.70

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

95.3% ▲ +1.2%

Higher than 65% of postcode areas.

  • 2011: 94.2%
  • 2016: 95.9%
  • 2021: 95.3%

Share of occupied private dwellings that are separate houses.

71.7% ▼ -5.5%

Lower than 72% of postcode areas.

  • 2011: 75.9%
  • 2016: 73.7%
  • 2021: 71.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3324, VIC, Separate house is the majority at 97%; Townhouse / semi-detached is next at 2%.

Bedrooms per home

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In 3324, VIC, 3 bedrooms is the majority at 52%; 2 bedrooms is next at 18%.

Sources

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

More for 3324, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3324, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3324/3324-vic/topic/housing-dwellings