$305 —
Higher than 53% of postcode areas.
Median weekly rent paid by households renting their home.
3704, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Monthly home loan payments have jumped by $396 since 2016 in postcode 3704. While these costs have risen, the typical repayment of $1,491 remains a little below the national figure. This area generally offers more affordable housing and renting options compared to the rest of Victoria.
All postcode areas, 2021. The marker is 3704, VIC — higher than 53% of areas.
Rents, mortgages and crowding.
The typical weekly rent is $305, which is a little below both the Victorian and Australian figures. Similarly, the usual monthly mortgage payment is a little below the national average at $1,491.
$305 —
Higher than 53% of postcode areas.
Median weekly rent paid by households renting their home.
$1,491 —
Lower than 54% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 83%, ahead of Owned with a mortgage (67%).
In 3704, VIC, Owned outright is the majority at 56%; Owned with a mortgage is next at 44%.
Houses, townhouses, apartments and bedrooms.
Homes here are less crowded than in most areas, with 0.70 people per bedroom. This figure is a little below the national average of 0.80, although it has moved up since 2016.
0.70 —
Lower than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
In 3704, VIC, Separate house is the majority at 100%.
In 3704, VIC, 3 bedrooms is the majority at 75%; 4 bedrooms is next at 25%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3704, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3704/3704-vic/topic/housing-dwellings