$165 ▲ +65.0%
Lower than 87% of postcode areas.
- 2011: $100
- 2016: $145
- 2021: $165
Median weekly rent paid by households renting their home.
3388, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Far lower housing costs than most similar areas define postcode 3388. This region is mostly made up of separate houses, with a very high number of people owning their homes outright. The typical monthly mortgage payment is just $650, which is far below the national figure.
All postcode areas, 2021. The marker is 3388, VIC — lower than 87% of areas.
| 3388, VIC | $165 |
|---|---|
| Yarriambiack | $166 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Rent and mortgages are both much lower than in other areas. Typical weekly rent is $165, far below the Victoria figure of $370, while typical monthly mortgage payments of $650 are also far below the state and national averages.
$165 ▲ +65.0%
Lower than 87% of postcode areas.
Median weekly rent paid by households renting their home.
$650 ▲ +27.7%
Lower than 94% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3388, VIC, Under $200 is the majority at 87%; $200–$349 is next at 13%.
In 3388, VIC, Under $1,000 is the majority at 79%; $1,000–$1,799 is next at 21%.
How homes are owned or rented.
A huge 62.3% of homes are owned outright, which is far above the national figure of 31%. Meanwhile, the 9.9% of households renting is much lower than most areas.
9.9% ▲ +14.8%
Lower than 88% of postcode areas.
Share of occupied private dwellings that are rented.
62.3% ▲ +0.5%
Higher than 99% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3388, VIC, Owned outright is the majority at 63%; Owned with a mortgage is next at 21%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 99.1% of the area, which is far above the Victorian average of 73.4%. Most of these are large, with 78.5% having three or more bedrooms, though the number of people per bedroom has fallen since 2011 to 0.70.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
99.1% ▲ +0.5%
Higher than 87% of postcode areas.
Share of occupied private dwellings that are separate houses.
78.5% ▼ -1.1%
Higher than 50% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3388, VIC, Separate house is the majority at 99%; Other dwelling is next at 1%.
In 3388, VIC, 3 bedrooms is the majority at 55%; 4 bedrooms is next at 22%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3388, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3388/3388-vic/topic/housing-dwellings