$170 —
Lower than 86% of postcode areas.
- 2016: $50
- 2021: $170
Median weekly rent paid by households renting their home.
3387, VIC · Postcode
Housing & Dwellings in 3387, VIC
Where and how people live — the homes, how they are held, and what they cost.
Far lower housing costs set postcode 3387 apart from the rest of the state and country. It is a place of spacious living where a huge majority of residents own their homes outright. This trend is reflected in the local housing market, where typical rents and mortgage payments are thousands of dollars lower than the national figures.
$170
—
- $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 3387, VIC — lower than 86% of areas.
| 3387, VIC | $170 |
|---|---|
| Northern Grampians | $200 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is just $170, which is far below the Victoria and Australia figures. Mortgage costs are also much lower than most areas, with the typical monthly payment of $813 sitting far below the national average.
$813 ▲ +25.1%
Lower than 89% of postcode areas.
- 2011: $650
- 2016: $932
- 2021: $813
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3387, VIC, Under $200 is the majority at 100%.
Monthly mortgage distribution
View on map →In 3387, VIC, Under $1,000 is the majority at 64%; $3,000 or more is next at 20%.
Owning & renting
How homes are owned or rented.
Home ownership is very high in this area, with 61.2% of homes owned outright—a figure far above the national average. Meanwhile, only 9.5% of households are renting, which is much lower than most areas.
9.5% ▲ +2.7%
Lower than 89% of postcode areas.
- 2011: 9.2%
- 2016: 14.0%
- 2021: 9.5%
Share of occupied private dwellings that are rented.
61.2% ▲ +4.7%
Higher than 99% of postcode areas.
- 2011: 58.5%
- 2016: 62.0%
- 2021: 61.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3387, VIC, Owned outright is the majority at 57%; Owned with a mortgage is next at 18%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every single home here is a separate detached house, and 94% of these have three or more bedrooms. Because of this abundance of space, there are only 0.70 people per bedroom, which is lower than most areas.
0.70 ▼ -30.0%
Lower than 86% of postcode areas.
- 2011: 1.00
- 2016: 0.60
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
100.0% → 0.0%
Higher than 99% of postcode areas.
- 2011: 100.0%
- 2016: 97.7%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
94.0% ▲ +13.1%
Higher than 96% of postcode areas.
- 2011: 83.1%
- 2016: 86.0%
- 2021: 94.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3387, VIC, Separate house is the majority at 100%.
Bedrooms per home
View on map →3387, VIC splits fairly evenly between 3 bedrooms (46%) and 4 bedrooms (44%), with 5 or more at 6%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3387, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3387, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3387/3387-vic/topic/housing-dwellings