$53 —
Lower than 99% of postcode areas.
Median weekly rent paid by households renting their home.
3488, VIC · Postcode
Housing & Dwellings in 3488, 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 3488 far more affordable than in most other areas. The region is dominated by large, detached houses and a very high proportion of residents who own their homes outright.
$53
—
- $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 3488, VIC — lower than 99% of areas.
| 3488, VIC | $53 |
|---|---|
| Yarriambiack | $166 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Weekly rent is among the lowest at this level at only $53, which is far below the Victoria figure of $370. Mortgage payments are also far below the national figure, though the typical monthly cost rose by $434 since 2016.
$867 —
Lower than 87% of postcode areas.
- 2016: $433
- 2021: $867
Median monthly mortgage repayment for households with a mortgage.
Owning & renting
How homes are owned or rented.
No households are renting here, which is far below the national figure. Instead, 59.5% of homes are owned outright—a rate far above the 31% seen across Australia—though this fell 21 points since 2016.
0.0% —
Lower than 99% of postcode areas.
- 2016: 0.0%
- 2021: 0.0%
Share of occupied private dwellings that are rented.
59.5% —
Higher than 96% of postcode areas.
- 2016: 80.9%
- 2021: 59.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3488, VIC, Owned outright is the majority at 71%; Other tenure is next at 19%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every home in the area is a separate house, with 86.5% having three or more bedrooms. Because homes are so large, there are only 0.60 people per bedroom, which is well below the national figure.
0.60 —
Lower than 99% of postcode areas.
- 2016: 0.60
- 2021: 0.60
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of postcode areas.
- 2016: 95.7%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
86.5% —
Higher than 79% of postcode areas.
- 2016: 76.6%
- 2021: 86.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3488, VIC, Separate house is the majority at 100%.
Bedrooms per home
View on map →In 3488, VIC, the largest group is 3 bedrooms at 50%, followed by 4 bedrooms (23%) and 2 bedrooms (20%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3488, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3488, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3488/3488-vic/topic/housing-dwellings