3842, VIC · Postcode

Housing & Dwellings in 3842, VIC

Where and how people live — the homes, how they are held, and what they cost.

A typical monthly mortgage payment of just $997 makes postcode 3842 far more affordable than most other areas. This region is defined by spacious living, where nearly all homes are detached houses with at least three bedrooms. While rental and mortgage costs have risen since 2011, they remain well below state and national figures.

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📍 3842, VIC, Postcode

Where 3842, VIC sits — Median rent (weekly)

$230 ▲ +43.8%
  • $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 3842, VIC — lower than 69% of areas.

Median rent (weekly) compared with the state and national average
3842, VIC$230
Latrobe $236
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are lower than most areas at $230, which is well below the Victorian figure of $370. Mortgage payments are also far below the national average, with nearly half of all households paying under $1,000 a month.

$230 ▲ +43.8%

Lower than 69% of postcode areas.

  • 2011: $160
  • 2016: $200
  • 2021: $230

Median weekly rent paid by households renting their home.

$997 ▲ +1.1%

Lower than 81% of postcode areas.

  • 2011: $986
  • 2016: $975
  • 2021: $997

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3842, VIC, $200–$349 is the majority at 68%; Under $200 is next at 28%.

Monthly mortgage distribution

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In 3842, VIC, Under $1,000 is the majority at 51%; $1,000–$1,799 is next at 34%.

Owning & renting

How homes are owned or rented.

Ownership is common here, with 37.8% of homes owned outright—a figure well above the Australian average. About 29.5% of households rent, which is a rate that has barely changed since 2011.

29.5% ▲ +1.6%

Higher than 73% of postcode areas.

  • 2011: 29.0%
  • 2016: 30.6%
  • 2021: 29.5%

Share of occupied private dwellings that are rented.

37.8% ▲ +8.0%

Lower than 54% of postcode areas.

  • 2011: 35.0%
  • 2016: 34.9%
  • 2021: 37.8%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In 3842, VIC, the largest group is Owned outright at 38%, followed by Owned with a mortgage (30%) and Rented (29%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Large homes dominate the landscape, as 96.7% are separate houses and 93% have three or more bedrooms. This is far above the state and national figures, though the number of people per bedroom has fallen since 2011 to 0.70.

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.

96.7% ▼ -0.3%

Higher than 72% of postcode areas.

  • 2011: 96.9%
  • 2016: 95.5%
  • 2021: 96.7%

Share of occupied private dwellings that are separate houses.

93.0% ▼ -0.1%

Higher than 94% of postcode areas.

  • 2011: 93.1%
  • 2016: 91.4%
  • 2021: 93.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3842, VIC, Separate house is the majority at 97%; Flat or apartment is next at 2%.

Bedrooms per home

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In 3842, VIC, 3 bedrooms is the majority at 72%; 4 bedrooms is next at 19%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 3842, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3842, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3842/3842-vic/topic/housing-dwellings