$250 ▲ +51.5%
Lower than 63% of postcode areas.
- 2011: $165
- 2016: $200
- 2021: $250
Median weekly rent paid by households renting their home.
3714, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
A very high rate of home ownership defines daily life in postcode 3714, where 51.3% of homes are owned outright. This makes the area far more secure in tenure than the rest of the state. Costs for both renting and mortgages remain well below the national figures.
All postcode areas, 2021. The marker is 3714, VIC — lower than 63% of areas.
| 3714, VIC | $250 |
|---|---|
| Murrindindi | $270 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is just $250, which is well below the $375 national figure. Similarly, the usual monthly mortgage payment of $1,324 is much lower than most areas.
$250 ▲ +51.5%
Lower than 63% of postcode areas.
Median weekly rent paid by households renting their home.
$1,324 ▲ +1.3%
Lower than 64% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3714, VIC, $200–$349 is the majority at 62%; Under $200 is next at 20%.
In 3714, VIC, the largest group is $1,000–$1,799 at 47%, followed by $1,800–$2,999 (25%) and Under $1,000 (23%).
How homes are owned or rented.
More than half of all homes are owned outright, a figure far above the 31% national average. This high level of ownership is mirrored by a low rental rate of 18.1%, which is far below the Australian figure.
18.1% ▼ -15.9%
Lower than 60% of postcode areas.
Share of occupied private dwellings that are rented.
51.3% ▲ +10.4%
Higher than 86% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3714, VIC, Owned outright is the majority at 51%; Owned with a mortgage is next at 28%.
Houses, townhouses, apartments and bedrooms.
Separate houses are the norm here, making up 90.9% of homes, which is far above the national figure. While 74.3% of homes have three or more bedrooms, there is a low number of people per bedroom compared to most areas.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
90.9% ▼ -2.5%
Lower than 53% of postcode areas.
Share of occupied private dwellings that are separate houses.
74.3% ▲ +1.3%
Lower than 65% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3714, VIC, Separate house is the majority at 91%; Townhouse / semi-detached is next at 5%.
In 3714, VIC, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (23%) and 2 bedrooms (19%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3714, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3714/3714-vic/topic/housing-dwellings