3480, VIC · Postcode

Housing & Dwellings in 3480, VIC

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

A typical monthly mortgage payment of just $867 makes housing in postcode 3480 far more affordable than in most other areas. This region is defined by low living costs and a very high rate of home ownership, with over half the households owning their place outright.

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📍 3480, VIC, Postcode

Where 3480, VIC sits — Median rent (weekly)

$180 ▲ +63.6%
  • $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 3480, VIC — lower than 83% of areas.

Median rent (weekly) compared with the state and national average
3480, VIC$180
Buloke $158
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are far below the state and national figures, typically costing $180. This is much lower than most areas, though rent has risen by $70 since 2011.

$180 ▲ +63.6%

Lower than 83% of postcode areas.

  • 2011: $110
  • 2016: $150
  • 2021: $180

Median weekly rent paid by households renting their home.

$867 → 0.0%

Lower than 87% of postcode areas.

  • 2011: $867
  • 2016: $780
  • 2021: $867

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3480, VIC, Under $200 is the majority at 65%; $200–$349 is next at 35%.

Monthly mortgage distribution

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In 3480, VIC, Under $1,000 is the majority at 67%; $1,000–$1,799 is next at 28%.

Owning & renting

How homes are owned or rented.

Home ownership is very strong here, with 53.2% of homes owned outright, which is far above the national figure of 31%. Consequently, the 17.4% of households renting is far below the Victorian and Australian averages.

17.4% ▼ -7.9%

Lower than 63% of postcode areas.

  • 2011: 18.8%
  • 2016: 18.9%
  • 2021: 17.4%

Share of occupied private dwellings that are rented.

53.2% ▲ +2.8%

Higher than 88% of postcode areas.

  • 2011: 51.7%
  • 2016: 52.7%
  • 2021: 53.2%

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

How homes are owned or rented

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In 3480, VIC, Owned outright is the majority at 53%; Owned with a mortgage is next at 23%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 95.1% of all homes, a figure far above the state average. Most of these are large, with 78.3% having three or more bedrooms, though there are fewer people per bedroom than in most other areas.

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.

95.1% ▲ +3.1%

Higher than 64% of postcode areas.

  • 2011: 92.3%
  • 2016: 92.7%
  • 2021: 95.1%

Share of occupied private dwellings that are separate houses.

78.3% ▲ +1.7%

Higher than 50% of postcode areas.

  • 2011: 77.0%
  • 2016: 76.9%
  • 2021: 78.3%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3480, VIC, Separate house is the majority at 95%; Flat or apartment is next at 3%.

Bedrooms per home

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In 3480, VIC, 3 bedrooms is the majority at 55%; 4 bedrooms is next at 23%.

Sources

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

More for 3480, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3480, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3480/3480-vic/topic/housing-dwellings