$263 ▲ +5.2%
Lower than 59% of postcode areas.
- 2011: $250
- 2016: $250
- 2021: $263
Median weekly rent paid by households renting their home.
3448, VIC · Postcode
Housing & Dwellings in 3448, 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 3448 than in the rest of the state, with 48.2% of households owning their place without a mortgage. This area is almost entirely made up of detached houses, making it very different from the typical Victorian suburb. Most residents live in spacious homes with three or more bedrooms.
$263
▲ +5.2%
- $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 3448, VIC — lower than 59% of areas.
| 3448, VIC | $263 |
|---|---|
| Mount Alexander | $300 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $263, which is well below the national figure of $375. Home loan payments are also a little below the Victorian typical of $1,859, sitting at $1,584 per month.
$1,584 ▲ +21.8%
Higher than 51% of postcode areas.
- 2011: $1,300
- 2016: $1,300
- 2021: $1,584
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3448, VIC, $200–$349 is the majority at 80%; Under $200 is next at 20%.
Monthly mortgage distribution
View on map →In 3448, VIC, the largest group is $1,000–$1,799 at 41%, followed by $1,800–$2,999 (31%) and Under $1,000 (20%).
Owning & renting
How homes are owned or rented.
Owning a home outright is far more common here than across Australia, at 48.2%. Meanwhile, the proportion of households renting is among the lowest at this level, at just 3.6%.
3.6% ▼ -27.7%
Lower than 99% of postcode areas.
- 2011: 4.9%
- 2016: 7.1%
- 2021: 3.6%
Share of occupied private dwellings that are rented.
48.2% ▲ +2.3%
Higher than 77% of postcode areas.
- 2011: 47.1%
- 2016: 46.9%
- 2021: 48.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →3448, VIC splits fairly evenly between Owned outright (48%) and Owned with a mortgage (46%), with Rented at 4%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every single home in the area is a separate house. These homes are generally large, with 81.1% having three or more bedrooms, which helps explain why there are fewer people per bedroom (0.70) than in most other areas.
0.70 ▼ -30.0%
Lower than 86% of postcode areas.
- 2011: 1.00
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
100.0% → 0.0%
Higher than 99% of postcode areas.
- 2011: 100.0%
- 2016: 97.7%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
81.1% ▲ +3.5%
Higher than 61% of postcode areas.
- 2011: 78.4%
- 2016: 79.1%
- 2021: 81.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3448, VIC, Separate house is the majority at 100%.
Bedrooms per home
View on map →In 3448, VIC, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (24%) and 2 bedrooms (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3448, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3448, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3448/3448-vic/topic/housing-dwellings