$198 ▲ +58.4%
Lower than 78% of postcode areas.
- 2011: $125
- 2016: $170
- 2021: $198
Median weekly rent paid by households renting their home.
3623, VIC · Postcode
Housing & Dwellings in 3623, VIC
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define postcode 3623. Typical monthly mortgage payments here are just $884, which is far below the national figure. This affordability is paired with a high rate of home ownership, as nearly half of all residents own their homes outright.
$198
▲ +58.4%
- $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 3623, VIC — lower than 78% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are far below the national figure at $198, though this has risen $73 since 2011. Mortgage payments are also very low, with a typical monthly cost of $884, which is far below the Victorian average.
$884 ▼ -12.3%
Lower than 86% of postcode areas.
- 2011: $1,008
- 2016: $1,000
- 2021: $884
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3623, VIC, the largest group is Under $200 at 48%, followed by $200–$349 (41%) and $350–$549 (11%).
Monthly mortgage distribution
View on map →In 3623, VIC, Under $1,000 is the majority at 60%; $1,000–$1,799 is next at 30%.
Owning & renting
How homes are owned or rented.
Home ownership is strong in postcode 3623, where 45.5% of homes are owned outright—a figure far above the national average. Meanwhile, the 16.3% of households renting is far below the Victorian and Australian rates.
16.3% ▲ +0.8%
Lower than 67% of postcode areas.
- 2011: 16.2%
- 2016: 13.9%
- 2021: 16.3%
Share of occupied private dwellings that are rented.
45.5% ▲ +5.1%
Higher than 70% of postcode areas.
- 2011: 43.2%
- 2016: 46.9%
- 2021: 45.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3623, VIC, the largest group is Owned outright at 45%, followed by Owned with a mortgage (32%) and Rented (16%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses are the norm here, making up 95.5% of homes, which is far above the national figure. Most homes are large, with 78.6% having three or more bedrooms, though the number of people per bedroom has fallen since 2011.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
95.5% ▼ -1.7%
Higher than 66% of postcode areas.
- 2011: 97.1%
- 2016: 97.2%
- 2021: 95.5%
Share of occupied private dwellings that are separate houses.
78.6% ▼ -5.7%
Higher than 51% of postcode areas.
- 2011: 83.4%
- 2016: 80.7%
- 2021: 78.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3623, VIC, Separate house is the majority at 93%; Flat or apartment is next at 2%.
Bedrooms per home
View on map →In 3623, VIC, 3 bedrooms is the majority at 58%; 4 bedrooms is next at 20%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3623, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3623, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3623/3623-vic/topic/housing-dwellings