$340 ▲ +54.5%
Higher than 62% of postcode areas.
- 2011: $220
- 2016: $270
- 2021: $340
Median weekly rent paid by households renting their home.
3340, VIC · Postcode
Housing & Dwellings in 3340, VIC
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 90.3% of all homes in postcode 3340, reflecting a landscape dominated by detached dwellings. The area features a high proportion of large family homes and housing costs that are higher than most similar areas. This mix results in a housing market where most people live in spacious, standalone properties.
$340
▲ +54.5%
- $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 3340, VIC — higher than 62% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $340, which is higher than most areas but a little below the national figure of $375. Home-loan payments are also higher than most areas, with the typical monthly payment rising to $1,733 since 2011.
$1,733 ▲ +8.3%
Higher than 59% of postcode areas.
- 2011: $1,600
- 2016: $1,600
- 2021: $1,733
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →3340, VIC splits fairly evenly between $350–$549 (44%) and $200–$349 (42%), with Under $200 at 13%.
Monthly mortgage distribution
View on map →3340, VIC splits fairly evenly between $1,000–$1,799 (39%) and $1,800–$2,999 (38%), with Under $1,000 at 14%.
Owning & renting
How homes are owned or rented.
Nearly half of households (47.4%) have a mortgage, while those owning their home outright at 28.8% are well below the Victorian average. Renting is far less common here than across Australia, with only 20.4% of households renting.
20.4% ▼ -0.2%
Lower than 53% of postcode areas.
- 2011: 20.4%
- 2016: 22.0%
- 2021: 20.4%
Share of occupied private dwellings that are rented.
28.8% ▼ -8.1%
Lower than 77% of postcode areas.
- 2011: 31.3%
- 2016: 30.4%
- 2021: 28.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3340, VIC, the largest group is Owned with a mortgage at 47%, followed by Owned outright (29%) and Rented (20%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are very common, with 87.6% having three or more bedrooms, a figure far above the national average. This is consistent with the high number of separate houses and the fact that 42.1% of homes have exactly three bedrooms.
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.
90.3% ▼ -1.7%
Lower than 56% of postcode areas.
- 2011: 91.9%
- 2016: 88.5%
- 2021: 90.3%
Share of occupied private dwellings that are separate houses.
87.6% ▲ +2.2%
Higher than 82% of postcode areas.
- 2011: 85.7%
- 2016: 85.6%
- 2021: 87.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3340, VIC, Separate house is the majority at 90%; Townhouse / semi-detached is next at 8%.
Bedrooms per home
View on map →3340, VIC splits fairly evenly between 3 bedrooms (43%) and 4 bedrooms (40%), with 2 bedrooms at 9%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3340, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3340, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3340/3340-vic/topic/housing-dwellings