$150 ▲ +233.3%
Lower than 89% of postcode areas.
- 2011: $45
- 2016: $60
- 2021: $150
Median weekly rent paid by households renting their home.
3531, VIC · Postcode
Housing & Dwellings in 3531, VIC
Where and how people live — the homes, how they are held, and what they cost.
A significant shift in housing patterns has seen the proportion of outright home ownership in postcode 3531 fall by 7.8 percentage points since 2011. This area remains very affordable, with typical monthly mortgage payments of just $433 and a high number of detached houses. While more people are renting now than a decade ago, the region is still far above the national average for those who own their home without a loan.
$150
▲ +233.3%
- $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 3531, VIC — lower than 89% of areas.
Housing costs
Rents, mortgages and crowding.
Typical monthly home-loan payments of $433 are among the lowest for similar areas and far below the Victorian figure of $1,859. Weekly rents are also much lower than most areas at $150, though this has risen $105 since 2011.
$433 ▼ -20.1%
Lower than 99% of postcode areas.
- 2011: $542
- 2016: $477
- 2021: $433
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3531, VIC, Under $200 is the majority at 100%.
Monthly mortgage distribution
View on map →In 3531, VIC, Under $1,000 is the majority at 100%.
Owning & renting
How homes are owned or rented.
More than half of residents (56.1%) own their home outright, which is far above the national figure of 31.0%. Meanwhile, the proportion of households renting is 18.3%, far below the 30.6% seen across Australia.
18.3% ▲ +39.5%
Lower than 60% of postcode areas.
- 2011: 13.1%
- 2016: 12.5%
- 2021: 18.3%
Share of occupied private dwellings that are rented.
56.1% ▼ -12.3%
Higher than 92% of postcode areas.
- 2011: 63.9%
- 2016: 61.1%
- 2021: 56.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3531, VIC, Owned outright is the majority at 61%; Rented is next at 20%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 95.1% of the market, far above the Victorian average of 73.4%. Most homes are large, with 79.3% having three or more bedrooms, which is well above the national figure of 73.8%.
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.
95.1% ▼ -4.9%
Higher than 64% of postcode areas.
- 2011: 100.0%
- 2016: 93.1%
- 2021: 95.1%
Share of occupied private dwellings that are separate houses.
79.3% ▼ -1.3%
Higher than 54% of postcode areas.
- 2011: 80.3%
- 2016: 70.8%
- 2021: 79.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3531, VIC, Separate house is the majority at 100%.
Bedrooms per home
View on map →In 3531, VIC, 3 bedrooms is the majority at 51%; 4 bedrooms is next at 27%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3531, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3531, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3531/3531-vic/topic/housing-dwellings