3550, VIC · Postcode

Housing & Dwellings in 3550, VIC

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.

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📍 3550, VIC, Postcode

Where 3550, VIC sits — Median rent (weekly)

$285 ▲ +35.7%
  • $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 3550, VIC — lower than 53% of areas.

Median rent (weekly) compared with the state and national average
3550, VIC$285
Greater Bendigo $295
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $210
  • 2016: $250
  • 2021: $285

Median weekly rent paid by households renting their home.

$1,311 ▲ +0.8%

Lower than 65% of postcode areas.

  • 2011: $1,300
  • 2016: $1,300
  • 2021: $1,311

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3550, VIC, $200–$349 is the majority at 59%; $350–$549 is next at 24%.

Monthly mortgage distribution

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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%).

Owning & renting

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.

  • 2011: 34.7%
  • 2016: 37.4%
  • 2021: 37.6%

Share of occupied private dwellings that are rented.

33.2% ▼ -0.7%

Lower than 67% of postcode areas.

  • 2011: 33.5%
  • 2016: 32.3%
  • 2021: 33.2%

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

How homes are owned or rented

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3550, VIC splits fairly evenly between Rented (38%) and Owned outright (33%), with Owned with a mortgage at 27%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.70

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

84.9% ▼ -0.2%

Lower than 68% of postcode areas.

  • 2011: 85.1%
  • 2016: 83.2%
  • 2021: 84.9%

Share of occupied private dwellings that are separate houses.

74.0% ▲ +1.4%

Lower than 66% of postcode areas.

  • 2011: 73.0%
  • 2016: 72.1%
  • 2021: 74.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3550, VIC, Separate house is the majority at 85%; Townhouse / semi-detached is next at 14%.

Bedrooms per home

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In 3550, VIC, 3 bedrooms is the majority at 51%; 2 bedrooms is next at 22%.

Sources

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

More for 3550, VIC

Cite this page

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