$100 ▲ +33.3%
Lower than 98% of postcode areas.
- 2011: $75
- 2016: $20
- 2021: $100
Median weekly rent paid by households renting their home.
3407, VIC · Postcode
Housing & Dwellings in 3407, VIC
Where and how people live — the homes, how they are held, and what they cost.
Housing costs in postcode 3407 are among the lowest for similar areas, with a typical weekly rent of just $100. This makes the area far more affordable than the state and national averages. Most people here own their homes outright, and the landscape is dominated by large, separate houses.
$100
▲ +33.3%
- $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 3407, VIC — lower than 98% of areas.
| 3407, VIC | $100 |
|---|---|
| Southern Grampians | $220 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $100, which is far below the $375 national figure. Mortgage repayments are also very low; the typical monthly payment is $659, far below the $1,863 seen across Australia.
$659 ▲ +1.4%
Lower than 94% of postcode areas.
- 2011: $650
- 2016: $625
- 2021: $659
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3407, VIC, Under $200 is the majority at 100%.
Monthly mortgage distribution
View on map →In 3407, VIC, Under $1,000 is the majority at 63%; $1,000–$1,799 is next at 23%.
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 55.5% of homes owned outright, far above the national figure of 31.0%. Meanwhile, the proportion of households renting is far below the national rate, falling 15 points since 2011 to just 6.9%.
6.9% ▼ -68.1%
Lower than 95% of postcode areas.
- 2011: 21.8%
- 2016: 13.9%
- 2021: 6.9%
Share of occupied private dwellings that are rented.
55.5% ▲ +14.9%
Higher than 91% of postcode areas.
- 2011: 48.3%
- 2016: 50.6%
- 2021: 55.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3407, VIC, Owned outright is the majority at 55%; Owned with a mortgage is next at 26%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 92.5% of all homes, which is far above the Australian average of 72.3%. These homes tend to be large, with 78.6% having three or more bedrooms, though there are now fewer people per bedroom than in 2011.
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.
92.5% ▲ +0.7%
Higher than 52% of postcode areas.
- 2011: 91.8%
- 2016: 90.4%
- 2021: 92.5%
Share of occupied private dwellings that are separate houses.
78.6% ▼ -2.7%
Higher than 51% of postcode areas.
- 2011: 80.8%
- 2016: 72.3%
- 2021: 78.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3407, VIC, Separate house is the majority at 92%; Townhouse / semi-detached is next at 5%.
Bedrooms per home
View on map →In 3407, VIC, the largest group is 3 bedrooms at 42%, followed by 4 bedrooms (30%) and 2 bedrooms (18%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3407, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3407, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3407/3407-vic/topic/housing-dwellings