$361 ▲ +31.3%
Higher than 68% of postcode areas.
- 2011: $275
- 2016: $320
- 2021: $361
Median weekly rent paid by households renting their home.
3429, VIC · Postcode
Housing & Dwellings in 3429, VIC
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 88.6% of all homes in postcode 3429, far exceeding the national figure. This is a place of large family dwellings, where nearly 90% of homes have three or more bedrooms. While housing costs are higher than in most similar areas, they remain about the same as the state and national averages.
$361
▲ +31.3%
- $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 3429, VIC — higher than 68% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $361, which is higher than most similar areas and rose by $86 since 2011. Home-loan payments are also higher than in most similar areas, with the typical monthly payment sitting at $1,733.
$1,733 ▲ +1.9%
Higher than 59% of postcode areas.
- 2011: $1,700
- 2016: $1,600
- 2021: $1,733
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3429, VIC, $350–$549 is the majority at 59%; $200–$349 is next at 31%.
Monthly mortgage distribution
View on map →3429, VIC splits fairly evenly between $1,800–$2,999 (38%) and $1,000–$1,799 (36%), with Under $1,000 at 16%.
Owning & renting
How homes are owned or rented.
About 46.7% of homes are owned with a mortgage, while 30.9% are owned outright. The 20.4% of households that rent is far below the national figure of 30.6% and well below the Victorian average.
20.4% ▲ +11.7%
Lower than 52% of postcode areas.
- 2011: 18.3%
- 2016: 21.1%
- 2021: 20.4%
Share of occupied private dwellings that are rented.
30.9% ▲ +5.8%
Lower than 73% of postcode areas.
- 2011: 29.2%
- 2016: 30.3%
- 2021: 30.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3429, VIC, the largest group is Owned with a mortgage at 47%, followed by Owned outright (31%) and Rented (20%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses dominate the landscape at 88.6%, a figure far above the state and national averages. This helps explain why 89.2% of homes have three or more bedrooms, although the number of people per bedroom has fallen to 0.80 since 2011.
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.
88.6% ▼ -2.4%
Lower than 60% of postcode areas.
- 2011: 90.8%
- 2016: 88.6%
- 2021: 88.6%
Share of occupied private dwellings that are separate houses.
89.2% ▲ +0.0%
Higher than 86% of postcode areas.
- 2011: 89.2%
- 2016: 88.2%
- 2021: 89.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3429, VIC, Separate house is the majority at 89%; Flat or apartment is next at 7%.
Bedrooms per home
View on map →In 3429, VIC, the largest group is 3 bedrooms at 45%, followed by 4 bedrooms (39%) and 2 bedrooms (9%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3429, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3429, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3429/3429-vic/topic/housing-dwellings