3540, VIC · Postcode

Housing & Dwellings in 3540, VIC

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

Far more people in postcode 3540 now own their homes outright than in 2011, with that figure rising 11 percentage points to 64.7%. This shift has happened alongside a steep drop in the number of households renting and a move toward smaller households. Housing costs here remain very low compared to the rest of the state and country.

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📍 3540, VIC, Postcode

Where 3540, VIC sits — Median rent (weekly)

$80 ▲ +33.3%
  • $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 3540, VIC — lower than 99% of areas.

Median rent (weekly) compared with the state and national average
3540, VIC$80
Gannawarra $195
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are far below the national figure at just $80. Similarly, the typical monthly home loan payment of $729 is among the lowest for similar areas and far below the Victorian average.

$80 ▲ +33.3%

Lower than 99% of postcode areas.

  • 2011: $60
  • 2016: $71
  • 2021: $80

Median weekly rent paid by households renting their home.

$729 ▲ +27.9%

Lower than 92% of postcode areas.

  • 2011: $570
  • 2016: $585
  • 2021: $729

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3540, VIC, Under $200 is the majority at 100%.

Monthly mortgage distribution

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In 3540, VIC, Under $1,000 is the majority at 67%; $1,000–$1,799 is next at 33%.

Owning & renting

How homes are owned or rented.

The area has a very high rate of outright home ownership at 64.7%, which is far above the national figure of 31%. Only 7.6% of households rent, a figure that is far below the state and national averages.

7.6% ▼ -60.6%

Lower than 93% of postcode areas.

  • 2011: 19.2%
  • 2016: 12.3%
  • 2021: 7.6%

Share of occupied private dwellings that are rented.

64.7% ▲ +19.6%

Higher than 99% of postcode areas.

  • 2011: 54.1%
  • 2016: 59.0%
  • 2021: 64.7%

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

How homes are owned or rented

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In 3540, VIC, Owned outright is the majority at 71%; Owned with a mortgage is next at 18%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are very common, making up 93.3% of homes, which is far above the Victorian average. While nearly 75% of homes have three or more bedrooms, the number of people per bedroom has fallen to 0.60 since 2011.

0.60 ▼ -40.0%

Lower than 99% of postcode areas.

  • 2011: 1.00
  • 2016: 0.60
  • 2021: 0.60

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

93.3% ▼ -4.8%

Higher than 55% of postcode areas.

  • 2011: 97.9%
  • 2016: 96.7%
  • 2021: 93.3%

Share of occupied private dwellings that are separate houses.

74.8% ▼ -10.5%

Lower than 64% of postcode areas.

  • 2011: 83.6%
  • 2016: 77.0%
  • 2021: 74.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3540, VIC, Separate house is the majority at 97%; Townhouse / semi-detached is next at 3%.

Bedrooms per home

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In 3540, VIC, the largest group is 3 bedrooms at 46%, followed by 4 bedrooms (28%) and 2 bedrooms (18%).

Sources

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

More for 3540, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3540, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3540/3540-vic/topic/housing-dwellings