$285 ▲ +35.7%
Lower than 53% of postcode areas.
- 2011: $210
- 2016: $250
- 2021: $285
Median weekly rent paid by households renting their home.
3550, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Typical weekly rents are just $285 in postcode 3550, making it a much more affordable place to live than the state or national average. While housing costs remain low, the area has seen a rise in the number of people renting their homes since 2011.
All postcode areas, 2021. The marker is 3550, VIC — lower than 53% of areas.
| 3550, VIC | $285 |
|---|---|
| Greater Bendigo | $295 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Daily costs are low, with typical monthly mortgage payments of $1,311 being well below the Victorian figure of $1,859. Weekly rents have risen $75 since 2011 to reach $285, which is still well below the national figure of $375.
$285 ▲ +35.7%
Lower than 53% of postcode areas.
Median weekly rent paid by households renting their home.
$1,311 ▲ +0.8%
Lower than 65% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3550, VIC, $200–$349 is the majority at 59%; $350–$549 is next at 24%.
In 3550, VIC, the largest group is $1,000–$1,799 at 48%, followed by Under $1,000 (26%) and $1,800–$2,999 (19%).
How homes are owned or rented.
Renters make up 37.6% of households, a figure well above the national average of 30.6% and one that has risen since 2011. Around 33.2% of people own their homes outright, which is a little above the state and national figures.
37.6% ▲ +8.1%
Higher than 85% of postcode areas.
Share of occupied private dwellings that are rented.
33.2% ▼ -0.7%
Lower than 67% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
3550, VIC splits fairly evenly between Rented (38%) and Owned outright (33%), with Owned with a mortgage at 27%.
Houses, townhouses, apartments and bedrooms.
Separate houses are very common here at 84.9%, which is far above the national figure of 72.3%. Most homes are large, with 74% having three or more bedrooms, though there are now fewer people per bedroom than there were in 2011.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
84.9% ▼ -0.2%
Lower than 68% of postcode areas.
Share of occupied private dwellings that are separate houses.
74.0% ▲ +1.4%
Lower than 66% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3550, VIC, Separate house is the majority at 85%; Townhouse / semi-detached is next at 14%.
In 3550, VIC, 3 bedrooms is the majority at 51%; 2 bedrooms is next at 22%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3550, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3550/3550-vic/topic/housing-dwellings