3447, VIC · Postcode

Housing & Dwellings in 3447, VIC

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

Almost half of the homes in postcode 3447 are owned outright, a rate far higher than most other areas. This creates a housing landscape where very few people rent and nearly every residence is a separate house.

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📍 3447, VIC, Postcode

Where 3447, VIC sits — Median rent (weekly)

$277 ▲ +10.8%
  • $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 3447, VIC — lower than 55% of areas.

Median rent (weekly) compared with the state and national average
3447, VIC$277
Mount Alexander $300
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $277, which is well below the national figure of $375. Home loan payments are also a little lower than the Australian typical of $1,863, though they have risen by $334 since 2011.

$277 ▲ +10.8%

Lower than 55% of postcode areas.

  • 2011: $250
  • 2016: $250
  • 2021: $277

Median weekly rent paid by households renting their home.

$1,534 ▲ +27.8%

Lower than 52% of postcode areas.

  • 2011: $1,200
  • 2016: $1,200
  • 2021: $1,534

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3447, VIC, $350–$549 is the majority at 100%.

Monthly mortgage distribution

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3447, VIC splits fairly evenly between $1,000–$1,799 (32%) and Under $1,000 (31%), with $1,800–$2,999 at 22%.

Owning & renting

How homes are owned or rented.

The area has a very high rate of home ownership, with 49% of homes owned outright and only 2.9% of households renting. This rental rate is far below the Victorian average of 28.5%.

2.9% ▼ -69.6%

Lower than 99% of postcode areas.

  • 2011: 9.5%
  • 2016: 7.9%
  • 2021: 2.9%

Share of occupied private dwellings that are rented.

49.0% ▲ +29.4%

Higher than 80% of postcode areas.

  • 2011: 37.9%
  • 2016: 41.8%
  • 2021: 49.0%

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

How homes are owned or rented

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In 3447, VIC, Owned outright is the majority at 50%; Owned with a mortgage is next at 44%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Every home in the area is a separate house, and 78.4% have three or more bedrooms. This is well above the national figure of 73.8% for larger homes.

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.

100.0% ▲ +1.6%

Higher than 99% of postcode areas.

  • 2011: 98.4%
  • 2016: 97.7%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

78.4% ▲ +8.9%

Higher than 50% of postcode areas.

  • 2011: 72.0%
  • 2016: 71.8%
  • 2021: 78.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3447, VIC, Separate house is the majority at 100%.

Bedrooms per home

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In 3447, VIC, 3 bedrooms is the majority at 55%; 4 bedrooms is next at 22%.

Sources

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

More for 3447, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3447, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3447/3447-vic/topic/housing-dwellings