$351 —
Higher than 65% of postcode areas.
- 2016: $140
- 2021: $351
Median weekly rent paid by households renting their home.
3718, VIC · Postcode
Housing & Dwellings in 3718, VIC
Where and how people live — the homes, how they are held, and what they cost.
Far more people own their homes outright in postcode 3718 than in the rest of Victoria. This area is dominated by large, detached houses, with over half the population owning their property fully. While housing costs are higher than in most similar areas, the number of renters has fallen sharply in recent years.
$351
—
- $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 3718, VIC — higher than 65% of areas.
| 3718, VIC | $351 |
|---|---|
| Murrindindi | $270 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $351, which is higher than most similar areas, though it is about the same as the national figure. Monthly home-loan payments are also higher than in most areas, sitting at $1,733.
$1,733 —
Higher than 59% of postcode areas.
- 2016: $2,156
- 2021: $1,733
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3718, VIC, $350–$549 is the majority at 100%.
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 56.8% of homes owned outright—far above the national figure of 31%. Meanwhile, the share of households renting is among the lowest at this level, falling 19 points since 2016 to just 8.1%.
8.1% —
Lower than 92% of postcode areas.
- 2016: 27.3%
- 2021: 8.1%
Share of occupied private dwellings that are rented.
56.8% —
Higher than 93% of postcode areas.
- 2016: 48.5%
- 2021: 56.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3718, VIC, Owned outright is the majority at 60%; Other tenure is next at 11%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, as 89.2% of dwellings are separate houses and 86.5% have three or more bedrooms. This is far above the Victorian average, and the number of people per bedroom has moved up to 0.80 since 2016.
0.80 —
Lower than 57% of postcode areas.
- 2016: 0.70
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
89.2% —
Lower than 59% of postcode areas.
- 2016: 75.8%
- 2021: 89.2%
Share of occupied private dwellings that are separate houses.
86.5% —
Higher than 79% of postcode areas.
- 2016: 54.5%
- 2021: 86.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3718, VIC, Separate house is the majority at 87%; Other dwelling is next at 13%.
Bedrooms per home
View on map →In 3718, VIC, the largest group is 3 bedrooms at 46%, followed by 2 bedrooms (22%) and 4 bedrooms (17%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3718, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3718, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3718/3718-vic/topic/housing-dwellings