3487, VIC · Postcode

Housing & Dwellings in 3487, VIC

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.

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📍 3487, VIC, Postcode

Where 3487, VIC sits — Median rent (weekly)

$100
  • $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 3487, VIC — lower than 98% of areas.

Median rent (weekly) compared with the state and national average
3487, VIC$100
Yarriambiack $166
Victoria $370
Australia $375

Housing costs

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.

  • 2016: $81
  • 2021: $100

Median weekly rent paid by households renting their home.

$382

Lower than 99% of postcode areas.

  • 2016: $525
  • 2021: $382

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3487, VIC, Under $200 is the majority at 100%.

Owning & renting

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.

  • 2016: 25.0%
  • 2021: 12.0%

Share of occupied private dwellings that are rented.

72.0%

Higher than 99% of postcode areas.

  • 2016: 53.1%
  • 2021: 72.0%

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

How homes are owned or rented

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In 3487, VIC, Owned outright is the majority at 86%; Rented is next at 14%.

Types of homes

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.

  • 2016: 0.80
  • 2021: 0.80

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

100.0%

Higher than 99% of postcode areas.

  • 2016: 90.6%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

72.0%

Lower than 72% of postcode areas.

  • 2016: 78.1%
  • 2021: 72.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3487, VIC, Separate house is the majority at 100%.

Bedrooms per home

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In 3487, VIC, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (30%) and 2 bedrooms (22%).

Sources

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

More for 3487, VIC

Cite this page

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