3440, VIC · Postcode

Housing & Dwellings in 3440, VIC

Where and how people live — the homes, how they are held, and what they cost.

Far more people own their homes outright in postcode 3440 than across Victoria or Australia. This area is dominated by large, detached houses, though the cost of owning a home here has climbed significantly. Almost half of all households pay a mortgage, with typical monthly payments now reaching $2,213.

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📍 3440, VIC, Postcode

Where 3440, VIC sits — Median rent (weekly)

$371 ▲ +28.8%
  • $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 3440, VIC — higher than 70% of areas.

Median rent (weekly) compared with the state and national average
3440, VIC$371
Macedon Ranges $390
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are much higher than most areas and have risen by $480 since 2011. Weekly rents are also higher than most areas, sitting at $371, which is about the same as the figures for Victoria and Australia.

$371 ▲ +28.8%

Higher than 70% of postcode areas.

  • 2011: $288
  • 2016: $300
  • 2021: $371

Median weekly rent paid by households renting their home.

$2,213 ▲ +27.7%

Higher than 86% of postcode areas.

  • 2011: $1,733
  • 2016: $1,904
  • 2021: $2,213

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3440, VIC, the largest group is $350–$549 at 38%, followed by Under $200 (31%) and $200–$349 (18%).

Monthly mortgage distribution

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3440, VIC splits fairly evenly between $1,800–$2,999 (33%) and $3,000 or more (31%), with $1,000–$1,799 at 22%.

Owning & renting

How homes are owned or rented.

Home ownership is very strong here, with 43.6% of homes owned outright, a figure far above the national level. Conversely, only 8.8% of households rent, which is among the lowest proportions in the country.

8.8% ▼ -11.3%

Lower than 91% of postcode areas.

  • 2011: 9.9%
  • 2016: 10.6%
  • 2021: 8.8%

Share of occupied private dwellings that are rented.

43.6% ▲ +3.5%

Higher than 64% of postcode areas.

  • 2011: 42.2%
  • 2016: 40.6%
  • 2021: 43.6%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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3440, VIC splits fairly evenly between Owned with a mortgage (46%) and Owned outright (45%), with Rented at 9%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Detached houses make up 96.3% of all homes, a share far above the state and national figures. These homes are typically large, with 88.8% having three or more bedrooms.

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.

96.3% ▲ +0.0%

Higher than 70% of postcode areas.

  • 2011: 96.3%
  • 2016: 95.4%
  • 2021: 96.3%

Share of occupied private dwellings that are separate houses.

88.8% ▲ +4.2%

Higher than 86% of postcode areas.

  • 2011: 85.3%
  • 2016: 84.5%
  • 2021: 88.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3440, VIC, Separate house is the majority at 97%; Other dwelling is next at 3%.

Bedrooms per home

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3440, VIC splits fairly evenly between 4 bedrooms (40%) and 3 bedrooms (39%), with 5 or more at 11%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 3440, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3440, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3440/3440-vic/topic/housing-dwellings