3516, VIC · Postcode

Housing & Dwellings in 3516, VIC

Where and how people live — the homes, how they are held, and what they cost.

Nearly half of all homes are owned outright in postcode 3516, a rate far above the national figure. This area is characterised by very affordable housing, with both rents and mortgage payments sitting far below state and national levels. Most people live in large, detached houses.

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📍 3516, VIC, Postcode

Where 3516, VIC sits — Median rent (weekly)

$208 ▲ +38.7%
  • $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 3516, VIC — lower than 75% of areas.

Median rent (weekly) compared with the state and national average
3516, VIC$208
Loddon $170
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Housing is very affordable here, with typical weekly rents of $208 and monthly mortgage payments of $1,133, both of which are far below the Victorian and national figures. While typical rents rose by $58 since 2011, the usual monthly mortgage payment actually fell by $297.

$208 ▲ +38.7%

Lower than 75% of postcode areas.

  • 2011: $150
  • 2016: $170
  • 2021: $208

Median weekly rent paid by households renting their home.

$1,133 ▼ -20.8%

Lower than 75% of postcode areas.

  • 2011: $1,430
  • 2016: $1,083
  • 2021: $1,133

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3516, VIC, Under $200 is the majority at 61%; $200–$349 is next at 25%.

Monthly mortgage distribution

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3516, VIC splits fairly evenly between $1,000–$1,799 (43%) and Under $1,000 (40%), with $1,800–$2,999 at 10%.

Owning & renting

How homes are owned or rented.

Home ownership is very strong, with 49.3% of homes owned outright—far above the 31% national average. This is reflected in the low number of renters, who make up only 10% of households, a figure far below both the state and nation.

10.0% ▼ -31.0%

Lower than 88% of postcode areas.

  • 2011: 14.5%
  • 2016: 13.1%
  • 2021: 10.0%

Share of occupied private dwellings that are rented.

49.3% ▼ 0.0%

Higher than 80% of postcode areas.

  • 2011: 49.3%
  • 2016: 48.1%
  • 2021: 49.3%

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

How homes are owned or rented

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In 3516, VIC, Owned outright is the majority at 50%; Owned with a mortgage is next at 36%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Almost every home in the area is a separate house, with 99.3% being detached, far above the national figure of 72.3%. These homes tend to be large, as 82.2% have three or more bedrooms, which is well above the state and national average.

0.80 ▼ -27.3%

Lower than 57% of postcode areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

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

99.3% ▲ +0.4%

Higher than 89% of postcode areas.

  • 2011: 98.9%
  • 2016: 93.8%
  • 2021: 99.3%

Share of occupied private dwellings that are separate houses.

82.2% ▼ -1.7%

Higher than 65% of postcode areas.

  • 2011: 83.6%
  • 2016: 77.3%
  • 2021: 82.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3516, VIC, Separate house is the majority at 97%; Other dwelling is next at 3%.

Bedrooms per home

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In 3516, VIC, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (27%) and 2 bedrooms (16%).

Sources

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

More for 3516, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3516, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3516/3516-vic/topic/housing-dwellings