$451 ▲ +28.9%
Higher than 87% of postcode areas.
- 2011: $350
- 2016: $385
- 2021: $451
Median weekly rent paid by households renting their home.
3438, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents have risen by $101 since 2011 in postcode 3438, where housing is dominated by large family homes. Most residents live in detached houses, with a very high number of people owning their own homes compared to the state and national figures.
All postcode areas, 2021. The marker is 3438, VIC — higher than 87% of areas.
| 3438, VIC | $451 |
|---|---|
| Macedon Ranges | $390 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $451, which is much higher than most areas and a little above the national figure. Typical monthly mortgage payments are $1,950, a figure that is about the same as the state and national levels.
$451 ▲ +28.9%
Higher than 87% of postcode areas.
Median weekly rent paid by households renting their home.
$1,950 ▼ -2.5%
Higher than 71% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3438, VIC, $350–$549 is the majority at 53%; $550–$749 is next at 22%.
In 3438, VIC, the largest group is $1,800–$2,999 at 41%, followed by $1,000–$1,799 (29%) and $3,000 or more (16%).
How homes are owned or rented.
Home ownership is strong here, with 39.4% of homes owned outright, which is well above the Victorian average. Only 10.6% of households rent, a figure far below the national rate of 30.6%.
10.6% ▼ -9.4%
Lower than 87% of postcode areas.
Share of occupied private dwellings that are rented.
39.4% ▲ +15.4%
Higher than 51% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3438, VIC, the largest group is Owned with a mortgage at 48%, followed by Owned outright (40%) and Rented (11%).
Houses, townhouses, apartments and bedrooms.
Detached houses make up 96.6% of all homes, which is far above the national figure. This is reflected in the home sizes, as 88.7% of dwellings have three or more bedrooms, far exceeding the state average.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
96.6% ▼ -0.7%
Higher than 72% of postcode areas.
Share of occupied private dwellings that are separate houses.
88.7% ▼ -4.3%
Higher than 85% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3438, VIC, Separate house is the majority at 97%; Townhouse / semi-detached is next at 3%.
In 3438, VIC, the largest group is 4 bedrooms at 45%, followed by 3 bedrooms (34%) and 5 or more (10%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3438, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3438/3438-vic/topic/housing-dwellings