$421 ▲ +50.4%
Higher than 83% of postcode areas.
- 2011: $280
- 2016: $350
- 2021: $421
Median weekly rent paid by households renting their home.
3437, VIC · Postcode
Housing & Dwellings in 3437, VIC
Where and how people live — the homes, how they are held, and what they cost.
Far more homes in postcode 3437 have three or more bedrooms than the state or national average. This area is dominated by large, separate houses, though typical housing costs are now much higher than in most other areas. The housing market has shifted since 2011, with both rents and mortgage payments climbing significantly.
$421
▲ +50.4%
- $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 3437, VIC — higher than 83% of areas.
| 3437, VIC | $421 |
|---|---|
| Macedon Ranges | $390 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $421 and the usual monthly mortgage payment is $2,167, both of which are much higher than most areas. Since 2011, weekly rents have risen by $141 and monthly mortgage payments have increased by $267.
$2,167 ▲ +14.1%
Higher than 84% of postcode areas.
- 2011: $1,900
- 2016: $2,000
- 2021: $2,167
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3437, VIC, $350–$549 is the majority at 54%; $200–$349 is next at 19%.
Monthly mortgage distribution
View on map →In 3437, VIC, the largest group is $1,800–$2,999 at 40%, followed by $3,000 or more (24%) and $1,000–$1,799 (24%).
Owning & renting
How homes are owned or rented.
Renting is far less common here than in Victoria or Australia, with only 14.7% of households renting. More people own their homes outright (35.6%) compared to the state and national figures, while 47.6% have a mortgage.
14.7% ▼ -8.0%
Lower than 73% of postcode areas.
- 2011: 16.0%
- 2016: 15.3%
- 2021: 14.7%
Share of occupied private dwellings that are rented.
35.6% ▲ +1.5%
Lower than 61% of postcode areas.
- 2011: 35.1%
- 2016: 33.5%
- 2021: 35.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3437, VIC, the largest group is Owned with a mortgage at 48%, followed by Owned outright (36%) and Rented (15%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 90.0% of all homes, far above the national figure of 72.3%. Large homes are the norm, with 91.4% having three or more bedrooms, which is among the highest proportions for any similar area.
0.80 ▼ -20.0%
Lower than 57% of postcode areas.
- 2011: 1.00
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
90.0% ▼ -2.1%
Lower than 56% of postcode areas.
- 2011: 92.0%
- 2016: 89.6%
- 2021: 90.0%
Share of occupied private dwellings that are separate houses.
91.4% ▲ +2.8%
Higher than 91% of postcode areas.
- 2011: 88.9%
- 2016: 89.4%
- 2021: 91.4%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3437, VIC, Separate house is the majority at 90%; Townhouse / semi-detached is next at 9%.
Bedrooms per home
View on map →In 3437, VIC, the largest group is 4 bedrooms at 48%, followed by 3 bedrooms (34%) and 5 or more (10%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3437, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3437, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3437/3437-vic/topic/housing-dwellings