$100 —
Lower than 98% of postcode areas.
- 2016: $81
- 2021: $100
Median weekly rent paid by households renting their home.
3487, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 100% of the dwellings in postcode 3487. This is a high-ownership area where 72% of homes are owned outright, far above the national figure of 31%. These trends help explain why housing costs here are among the lowest in the country.
All postcode areas, 2021. The marker is 3487, VIC — lower than 98% of areas.
| 3487, VIC | $100 |
|---|---|
| Yarriambiack | $166 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is just $100, and the usual monthly home-loan payment is $382, both of which are far below Victoria and Australia. Mortgage payments fell by $143 since 2016, while rents rose by $19.
$100 —
Lower than 98% of postcode areas.
Median weekly rent paid by households renting their home.
$382 —
Lower than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3487, VIC, Under $200 is the majority at 100%.
How homes are owned or rented.
Outright home ownership rose to 72% since 2016, which is far above the state average. Meanwhile, the share of households renting fell 13 points to 12%, a figure much lower than most areas.
12.0% —
Lower than 82% of postcode areas.
Share of occupied private dwellings that are rented.
72.0% —
Higher than 99% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3487, VIC, Owned outright is the majority at 86%; Rented is next at 14%.
Houses, townhouses, apartments and bedrooms.
Every home in the area is a separate house. While 72% of these have three or more bedrooms, this is a little below the national figure, and the number of large homes fell 6.1 points since 2016.
0.80 —
Lower than 57% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of postcode areas.
Share of occupied private dwellings that are separate houses.
72.0% —
Lower than 72% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3487, VIC, Separate house is the majority at 100%.
In 3487, VIC, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (30%) and 2 bedrooms (22%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3487, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3487/3487-vic/topic/housing-dwellings