$400 ▲ +60.0%
Higher than 78% of postcode areas.
- 2011: $250
- 2016: $330
- 2021: $400
Median weekly rent paid by households renting their home.
3431, VIC · Postcode
Housing & Dwellings in 3431, VIC
Where and how people live — the homes, how they are held, and what they cost.
Far more detached houses are found in postcode 3431 than in the rest of Victoria, with 94.4% of homes being separate dwellings. This area is dominated by large family homes and high rates of home ownership, though typical costs for both rent and mortgages have climbed significantly since 2011.
$400
▲ +60.0%
- $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 3431, VIC — higher than 78% of areas.
| 3431, VIC | $400 |
|---|---|
| Macedon Ranges | $390 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent of $400 and monthly mortgage payments of $2,000 are much higher than in most similar areas. Both figures have risen over the last decade, with rent increasing by $150 per week since 2011.
$2,000 ▲ +14.3%
Higher than 74% of postcode areas.
- 2011: $1,750
- 2016: $1,800
- 2021: $2,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3431, VIC, $350–$549 is the majority at 66%; $200–$349 is next at 25%.
Monthly mortgage distribution
View on map →In 3431, VIC, the largest group is $1,800–$2,999 at 38%, followed by $1,000–$1,799 (25%) and $3,000 or more (21%).
Owning & renting
How homes are owned or rented.
Home ownership is strong here, with 38.1% of homes owned outright, which is well above the national figure of 31.0%. Meanwhile, the 11.5% of households that rent is far below the Victorian average of 28.5%.
11.5% ▲ +39.6%
Lower than 84% of postcode areas.
- 2011: 8.2%
- 2016: 9.6%
- 2021: 11.5%
Share of occupied private dwellings that are rented.
38.1% ▲ +3.8%
Lower than 53% of postcode areas.
- 2011: 36.7%
- 2016: 37.3%
- 2021: 38.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3431, VIC, the largest group is Owned with a mortgage at 48%, followed by Owned outright (38%) and Rented (11%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are the norm in 3431, as 91.7% of dwellings have three or more bedrooms. This is far above the national average of 73.8%, and most of these are separate houses.
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.
94.4% ▼ -2.3%
Higher than 60% of postcode areas.
- 2011: 96.7%
- 2016: 95.6%
- 2021: 94.4%
Share of occupied private dwellings that are separate houses.
91.7% ▼ -1.2%
Higher than 91% of postcode areas.
- 2011: 92.8%
- 2016: 90.8%
- 2021: 91.7%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3431, VIC, Separate house is the majority at 94%; Townhouse / semi-detached is next at 5%.
Bedrooms per home
View on map →3431, VIC splits fairly evenly between 4 bedrooms (43%) and 3 bedrooms (40%), with 5 or more at 9%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3431, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3431, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3431/3431-vic/topic/housing-dwellings