$397 ▲ +71.9%
Higher than 77% of postcode areas.
- 2011: $231
- 2016: $300
- 2021: $397
Median weekly rent paid by households renting their home.
3427, VIC · Postcode
Housing & Dwellings in 3427, VIC
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 92.6% of all homes in postcode 3427, making it an area dominated by detached dwellings. This is far above the national figure, with nearly all homes featuring three or more bedrooms. While housing types are consistent, the area has seen a sharp rise in both rental and mortgage costs over the last decade.
$397
▲ +71.9%
- $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 3427, VIC — higher than 77% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $397, which is much higher than most areas, and has risen by $166 since 2011. Mortgage payments have also climbed, with the usual monthly payment now $1,800, an increase of $500 since 2011.
$1,800 ▲ +38.5%
Higher than 63% of postcode areas.
- 2011: $1,300
- 2016: $1,470
- 2021: $1,800
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3427, VIC, $350–$549 is the majority at 77%; $200–$349 is next at 18%.
Monthly mortgage distribution
View on map →In 3427, VIC, the largest group is $1,800–$2,999 at 44%, followed by $1,000–$1,799 (39%) and Under $1,000 (10%).
Owning & renting
How homes are owned or rented.
A large majority of homes are owned with a mortgage (57.1%). Meanwhile, the share of homes owned outright is 20.3%, which is far below the Victorian figure and has fallen 11 points since 2011.
20.7% ▲ +19.1%
Lower than 51% of postcode areas.
- 2011: 17.4%
- 2016: 18.4%
- 2021: 20.7%
Share of occupied private dwellings that are rented.
20.3% ▼ -34.8%
Lower than 90% of postcode areas.
- 2011: 31.2%
- 2016: 30.1%
- 2021: 20.3%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3427, VIC, Owned with a mortgage is the majority at 57%; Rented is next at 21%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are the norm here, with 94.2% having three or more bedrooms, a figure far above the national average. This helps explain why the number of people per bedroom is a little below the state figure at 0.70.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
92.6% ▼ -5.3%
Higher than 53% of postcode areas.
- 2011: 97.8%
- 2016: 98.2%
- 2021: 92.6%
Share of occupied private dwellings that are separate houses.
94.2% ▲ +3.1%
Higher than 96% of postcode areas.
- 2011: 91.4%
- 2016: 92.1%
- 2021: 94.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3427, VIC, Separate house is the majority at 92%; Townhouse / semi-detached is next at 7%.
Bedrooms per home
View on map →3427, VIC splits fairly evenly between 3 bedrooms (48%) and 4 bedrooms (44%), with 5 or more at 4%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3427, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3427, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3427/3427-vic/topic/housing-dwellings