$300 ▲ +42.9%
Higher than 51% of postcode areas.
- 2011: $210
- 2016: $262
- 2021: $300
Median weekly rent paid by households renting their home.
3450, VIC · Postcode
Housing & Dwellings in 3450, VIC
Where and how people live — the homes, how they are held, and what they cost.
More people owned their homes outright in postcode 3450 by 2021, with nearly half of all households now owning their property debt-free. This trend toward ownership is matched by housing costs that remain well below state and national figures. The area is dominated by detached houses and a growing number of residents living in their own homes.
$300
▲ +42.9%
- $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 3450, VIC — higher than 51% of areas.
| 3450, VIC | $300 |
|---|---|
| Mount Alexander | $300 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments of $1,362 are well below the Victorian figure of $1,859. Weekly rents are also lower than the national average, though they have risen by $90 since 2011 to reach a typical $300.
$1,362 ▲ +12.3%
Lower than 62% of postcode areas.
- 2011: $1,213
- 2016: $1,200
- 2021: $1,362
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3450, VIC, the largest group is $200–$349 at 46%, followed by $350–$549 (32%) and Under $200 (20%).
Monthly mortgage distribution
View on map →In 3450, VIC, the largest group is $1,000–$1,799 at 43%, followed by Under $1,000 (28%) and $1,800–$2,999 (22%).
Owning & renting
How homes are owned or rented.
Home ownership is very strong here, with 48.7% of homes owned outright, which is far above the 31.0% national figure. Meanwhile, the share of households renting has fallen slightly since 2011 to 23.3%.
23.3% ▼ -5.6%
Higher than 58% of postcode areas.
- 2011: 24.7%
- 2016: 24.6%
- 2021: 23.3%
Share of occupied private dwellings that are rented.
48.7% ▲ +9.1%
Higher than 79% of postcode areas.
- 2011: 44.6%
- 2016: 44.0%
- 2021: 48.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3450, VIC, the largest group is Owned outright at 49%, followed by Owned with a mortgage (25%) and Rented (23%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses make up 92.4% of the market, far above the Victorian average of 73.4%. However, the area has far fewer large homes than most other places, with only 64.7% having three or more bedrooms.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
92.4% ▲ +4.4%
Higher than 52% of postcode areas.
- 2011: 88.6%
- 2016: 90.1%
- 2021: 92.4%
Share of occupied private dwellings that are separate houses.
64.7% ▲ +0.1%
Lower than 84% of postcode areas.
- 2011: 64.6%
- 2016: 62.4%
- 2021: 64.7%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3450, VIC, Separate house is the majority at 93%; Townhouse / semi-detached is next at 7%.
Bedrooms per home
View on map →In 3450, VIC, the largest group is 3 bedrooms at 48%, followed by 2 bedrooms (29%) and 4 bedrooms (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3450, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3450, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3450/3450-vic/topic/housing-dwellings