$280 ▲ +69.7%
Lower than 54% of postcode areas.
- 2011: $165
- 2016: $225
- 2021: $280
Median weekly rent paid by households renting their home.
3862, VIC · Postcode
Housing & Dwellings in 3862, 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 3862 than in the rest of the state. This area is dominated by large, detached houses and has housing costs that sit well below the national figures. Roughly 43% of residents own their home fully, while only 12% rent.
$280
▲ +69.7%
- $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 3862, VIC — lower than 54% of areas.
| 3862, VIC | $280 |
|---|---|
| Wellington | $260 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $280, which is well below the Victorian figure of $370. Similarly, the usual monthly mortgage payment of $1,300 is well below the Australian average of $1,863.
$1,300 ▲ +4.0%
Lower than 66% of postcode areas.
- 2011: $1,250
- 2016: $1,317
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3862, VIC, the largest group is $200–$349 at 47%, followed by $350–$549 (35%) and Under $200 (18%).
Monthly mortgage distribution
View on map →In 3862, VIC, $1,000–$1,799 is the majority at 53%; Under $1,000 is next at 23%.
Owning & renting
How homes are owned or rented.
Home ownership is high here, with 42.7% of homes owned outright, a figure far above the national average of 31%. Meanwhile, the 11.7% of households renting is far below the 30.6% seen across Australia.
11.7% ▼ -10.9%
Lower than 83% of postcode areas.
- 2011: 13.1%
- 2016: 13.2%
- 2021: 11.7%
Share of occupied private dwellings that are rented.
42.7% ▲ +0.3%
Higher than 61% of postcode areas.
- 2011: 42.6%
- 2016: 41.2%
- 2021: 42.7%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →3862, VIC splits fairly evenly between Owned outright (43%) and Owned with a mortgage (42%), with Rented at 12%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 96.8% of all homes, far above the national figure of 72.3%. These homes tend to be large, with 84.3% having three or more bedrooms, which helps explain why there are fewer people per bedroom than in most areas.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
96.8% ▲ +0.8%
Higher than 73% of postcode areas.
- 2011: 96.0%
- 2016: 98.4%
- 2021: 96.8%
Share of occupied private dwellings that are separate houses.
84.3% ▲ +1.6%
Higher than 72% of postcode areas.
- 2011: 83.0%
- 2016: 82.8%
- 2021: 84.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3862, VIC, Separate house is the majority at 97%; Flat or apartment is next at 2%.
Bedrooms per home
View on map →In 3862, VIC, the largest group is 3 bedrooms at 45%, followed by 4 bedrooms (34%) and 2 bedrooms (11%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3862, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3862, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3862/3862-vic/topic/housing-dwellings