$371 ▲ +28.8%
Higher than 70% of postcode areas.
- 2011: $288
- 2016: $300
- 2021: $371
Median weekly rent paid by households renting their home.
3440, VIC · Postcode
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.
All postcode areas, 2021. The marker is 3440, VIC — higher than 70% of areas.
| 3440, VIC | $371 |
|---|---|
| Macedon Ranges | $390 |
| Victoria | $370 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$2,213 ▲ +27.7%
Higher than 86% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3440, VIC, the largest group is $350–$549 at 38%, followed by Under $200 (31%) and $200–$349 (18%).
3440, VIC splits fairly evenly between $1,800–$2,999 (33%) and $3,000 or more (31%), with $1,000–$1,799 at 22%.
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.
Share of occupied private dwellings that are rented.
43.6% ▲ +3.5%
Higher than 64% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
3440, VIC splits fairly evenly between Owned with a mortgage (46%) and Owned outright (45%), with Rented at 9%.
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.
Average number of usual residents per bedroom — a crowding measure.
96.3% ▲ +0.0%
Higher than 70% of postcode areas.
Share of occupied private dwellings that are separate houses.
88.8% ▲ +4.2%
Higher than 86% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3440, VIC, Separate house is the majority at 97%; Other dwelling is next at 3%.
3440, VIC splits fairly evenly between 4 bedrooms (40%) and 3 bedrooms (39%), with 5 or more at 11%.
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