$296 ▲ +79.4%
Higher than 50% of postcode areas.
- 2011: $165
- 2016: $200
- 2021: $296
Median weekly rent paid by households renting their home.
3720, VIC · Postcode
Housing & Dwellings in 3720, VIC
Where and how people live — the homes, how they are held, and what they cost.
More people own their homes outright in postcode 3720 than in 2011, with 55.4% of residents now owning their place fully. This is a far higher proportion than the Victorian and national figures. The area is dominated by large, separate houses and remains much more affordable than the state average.
$296
▲ +79.4%
- $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 3720, VIC — higher than 50% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents of $296 and monthly mortgage payments of $1,300 are both well below the figures for Victoria and Australia. While rents have risen by $131 since 2011, monthly mortgage costs have only increased by $43.
$1,300 ▲ +3.4%
Lower than 66% of postcode areas.
- 2011: $1,257
- 2016: $1,300
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3720, VIC, $350–$549 is the majority at 77%; $200–$349 is next at 23%.
Monthly mortgage distribution
View on map →In 3720, VIC, the largest group is $1,000–$1,799 at 40%, followed by Under $1,000 (28%) and $1,800–$2,999 (26%).
Owning & renting
How homes are owned or rented.
Owning a home outright is very common here, reaching 55.4%, which is far above the national average of 31%. Meanwhile, the share of households renting is among the lowest at this level and fell by 3.8 points since 2011.
9.1% ▼ -29.3%
Lower than 90% of postcode areas.
- 2011: 12.8%
- 2016: 11.2%
- 2021: 9.1%
Share of occupied private dwellings that are rented.
55.4% ▲ +11.4%
Higher than 91% of postcode areas.
- 2011: 49.7%
- 2016: 51.2%
- 2021: 55.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3720, VIC, Owned outright is the majority at 56%; Owned with a mortgage is next at 29%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 97.8% of all homes, far above the Victorian average of 73.4%. These homes tend to be large, with 84.1% 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.
97.8% ▲ +0.4%
Higher than 79% of postcode areas.
- 2011: 97.4%
- 2016: 97.2%
- 2021: 97.8%
Share of occupied private dwellings that are separate houses.
84.1% ▲ +8.2%
Higher than 72% of postcode areas.
- 2011: 77.7%
- 2016: 75.8%
- 2021: 84.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3720, VIC, Separate house is the majority at 98%; Other dwelling is next at 2%.
Bedrooms per home
View on map →In 3720, VIC, 3 bedrooms is the majority at 50%; 4 bedrooms is next at 25%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3720, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3720, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3720/3720-vic/topic/housing-dwellings