$403 —
Lower than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
3489, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Almost everyone in postcode 3489 now owns their home outright, a massive shift from previous years. This area has become an outlier where 95.2% of homes are owned fully and the typical monthly mortgage payment is just $403, which is far below the national figure.
Rents, mortgages and crowding.
The typical monthly home-loan payment of $403 is among the lowest for similar areas, sitting far below both the Victorian average of $1,859 and the Australian figure of $1,863.
$403 —
Lower than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
Outright home ownership has surged by 62 points since 2016 to reach 95.2%, while renting has completely disappeared, falling 21 points to 0.0%.
0.0% —
Lower than 99% of postcode areas.
Share of occupied private dwellings that are rented.
95.2% —
Higher than 99% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3489, VIC, Owned outright is the majority at 100%.
Houses, townhouses, apartments and bedrooms.
Every single home in the area is a separate house, with 100% having three or more bedrooms. This is far above the national figure of 73.8%, though the typical number of people per bedroom is a little below the Australian average at 0.70.
0.70 —
Lower than 86% 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.
100.0% —
Higher than 99% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3489, VIC, Separate house is the majority at 100%.
In 3489, VIC, the largest group is 4 bedrooms at 44%, followed by 3 bedrooms (28%) and 5 or more (16%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3489, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3489/3489-vic/topic/housing-dwellings