$125 ▲ +25.0%
Lower than 94% of postcode areas.
- 2011: $100
- 2016: $125
- 2021: $125
Median weekly rent paid by households renting their home.
3507, VIC · Postcode
Housing & Dwellings in 3507, VIC
Where and how people live — the homes, how they are held, and what they cost.
Far lower housing costs than the state or national average mark postcode 3507, where a huge 71.9% of homes are owned outright. This creates a distinct housing landscape where very few people rent and the typical monthly mortgage payment is just $542.
$125
▲ +25.0%
- $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 3507, VIC — lower than 94% of areas.
Housing costs
Rents, mortgages and crowding.
Weekly rent is far below the national figure at $125, which is among the lowest for similar areas. Typical monthly mortgage payments have also fallen since 2011 and are now $1,321 lower than the Australian average.
$542 ▼ -37.5%
Lower than 98% of postcode areas.
- 2011: $867
- 2016: $575
- 2021: $542
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3507, VIC, Under $200 is the majority at 100%.
Monthly mortgage distribution
View on map →In 3507, VIC, Under $1,000 is the majority at 70%; $1,000–$1,799 is next at 30%.
Owning & renting
How homes are owned or rented.
Ownership is very high here, with 71.9% of homes owned outright, far above the 31% national figure. Consequently, the 10.9% of households that rent is much lower than most other areas.
10.9% ▼ -7.9%
Lower than 86% of postcode areas.
- 2011: 11.9%
- 2016: 15.9%
- 2021: 10.9%
Share of occupied private dwellings that are rented.
71.9% ▲ +4.5%
Higher than 99% of postcode areas.
- 2011: 68.8%
- 2016: 71.4%
- 2021: 71.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3507, VIC, Owned outright is the majority at 75%; Owned with a mortgage is next at 13%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are common at 89.1%, far above the Victorian average of 73.4%. While 71.9% of homes have three or more bedrooms, there are fewer people per bedroom here 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.
89.1% ▼ -9.2%
Lower than 59% of postcode areas.
- 2011: 98.1%
- 2016: 96.8%
- 2021: 89.1%
Share of occupied private dwellings that are separate houses.
71.9% ▼ -16.6%
Lower than 72% of postcode areas.
- 2011: 86.2%
- 2016: 81.0%
- 2021: 71.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3507, VIC, Separate house is the majority at 93%; Flat or apartment is next at 7%.
Bedrooms per home
View on map →In 3507, VIC, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (23%) and 2 bedrooms (19%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3507, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3507, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3507/3507-vic/topic/housing-dwellings