3462, VIC · Postcode

Housing & Dwellings in 3462, VIC

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

Over half of all homes in postcode 3462 are owned outright, a figure far above the national average. This makes the area's housing landscape stand out, with very few people renting and most residents living in detached houses. Overall, housing costs here are well below the figures seen across Victoria and Australia.

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📍 3462, VIC, Postcode

Where 3462, VIC sits — Median rent (weekly)

$300 ▲ +100.0%
  • $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 3462, VIC — higher than 51% of areas.

Median rent (weekly) compared with the state and national average
3462, VIC$300
Mount Alexander $300
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are $1,347, which is well below the Victorian figure of $1,859. Weekly rent is also lower than the state and national averages, sitting at $300, though this has doubled since 2011.

$300 ▲ +100.0%

Higher than 51% of postcode areas.

  • 2011: $150
  • 2016: $223
  • 2021: $300

Median weekly rent paid by households renting their home.

$1,347 ▲ +21.9%

Lower than 63% of postcode areas.

  • 2011: $1,105
  • 2016: $1,148
  • 2021: $1,347

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3462, VIC, the largest group is $200–$349 at 41%, followed by $350–$549 (33%) and Under $200 (26%).

Monthly mortgage distribution

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In 3462, VIC, the largest group is $1,000–$1,799 at 42%, followed by Under $1,000 (32%) and $1,800–$2,999 (19%).

Owning & renting

How homes are owned or rented.

A huge 51.6% of homes are owned outright, which is far above the Australian average of 31%. Meanwhile, the share of households renting is among the lowest at this level, falling to 7.1% since 2011.

7.1% ▼ -55.8%

Lower than 94% of postcode areas.

  • 2011: 16.1%
  • 2016: 11.6%
  • 2021: 7.1%

Share of occupied private dwellings that are rented.

51.6% ▲ +5.2%

Higher than 86% of postcode areas.

  • 2011: 49.1%
  • 2016: 46.1%
  • 2021: 51.6%

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

How homes are owned or rented

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In 3462, VIC, Owned outright is the majority at 51%; Owned with a mortgage is next at 39%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 98.1% of all homes, a proportion far above the national figure. While 74.9% of homes have three or more bedrooms, there are fewer people per bedroom here than in most other areas.

0.70 ▼ -36.4%

Lower than 86% of postcode areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

98.1% ▲ +3.5%

Higher than 81% of postcode areas.

  • 2011: 94.8%
  • 2016: 96.6%
  • 2021: 98.1%

Share of occupied private dwellings that are separate houses.

74.9% ▲ +5.7%

Lower than 63% of postcode areas.

  • 2011: 70.9%
  • 2016: 68.6%
  • 2021: 74.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3462, VIC, Separate house is the majority at 98%; Flat or apartment is next at 1%.

Bedrooms per home

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In 3462, VIC, 3 bedrooms is the majority at 50%; 4 bedrooms is next at 21%.

Sources

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

More for 3462, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3462, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3462/3462-vic/topic/housing-dwellings