$300 ▲ +100.0%
Higher than 51% of postcode areas.
- 2011: $150
- 2016: $223
- 2021: $300
Median weekly rent paid by households renting their home.
3462, VIC · Postcode
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.
All postcode areas, 2021. The marker is 3462, VIC — higher than 51% of areas.
| 3462, VIC | $300 |
|---|---|
| Mount Alexander | $300 |
| Victoria | $370 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$1,347 ▲ +21.9%
Lower than 63% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3462, VIC, the largest group is $200–$349 at 41%, followed by $350–$549 (33%) and Under $200 (26%).
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%).
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.
Share of occupied private dwellings that are rented.
51.6% ▲ +5.2%
Higher than 86% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3462, VIC, Owned outright is the majority at 51%; Owned with a mortgage is next at 39%.
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.
Average number of usual residents per bedroom — a crowding measure.
98.1% ▲ +3.5%
Higher than 81% of postcode areas.
Share of occupied private dwellings that are separate houses.
74.9% ▲ +5.7%
Lower than 63% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3462, VIC, Separate house is the majority at 98%; Flat or apartment is next at 1%.
In 3462, VIC, 3 bedrooms is the majority at 50%; 4 bedrooms is next at 21%.
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