3902, VIC · Postcode

Housing & Dwellings in 3902, VIC

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

Typical weekly rents in postcode 3902 have more than doubled since 2011, rising from $140 to $300. This area is now defined by very high rates of outright home ownership and significantly lower housing costs compared to the rest of the state.

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📍 3902, VIC, Postcode

Where 3902, VIC sits — Median rent (weekly)

$300 ▲ +114.3%
  • $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 3902, VIC — higher than 51% of areas.

Median rent (weekly) compared with the state and national average
3902, VIC$300
East Gippsland $268
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments of $1,320 are well below the Victorian figure of $1,859. Weekly rents are also a little below the state average at $300, though this is up $160 from 2011.

$300 ▲ +114.3%

Higher than 51% of postcode areas.

  • 2011: $140
  • 2016: $255
  • 2021: $300

Median weekly rent paid by households renting their home.

$1,320 ▲ +1.5%

Lower than 64% of postcode areas.

  • 2011: $1,300
  • 2016: $1,300
  • 2021: $1,320

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

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In 3902, VIC, $1,000–$1,799 is the majority at 56%; Under $1,000 is next at 21%.

Owning & renting

How homes are owned or rented.

Home ownership is very high here, with 64.5% of homes owned outright, which is far above the national figure of 31%. Meanwhile, the share of households renting is among the lowest for similar areas at just 4.7%.

4.7% ▼ -58.7%

Lower than 99% of postcode areas.

  • 2011: 11.3%
  • 2016: 10.5%
  • 2021: 4.7%

Share of occupied private dwellings that are rented.

64.5% ▲ +7.1%

Higher than 99% of postcode areas.

  • 2011: 60.3%
  • 2016: 55.6%
  • 2021: 64.5%

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

How homes are owned or rented

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In 3902, VIC, Owned outright is the majority at 65%; Owned with a mortgage is next at 29%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 79.7% of homes, which is well above the Victorian average. However, there are fewer large homes here than usual, as the share of places with three or more bedrooms is well below the national average at 65.7%.

0.80 ▼ -20.0%

Lower than 57% of postcode areas.

  • 2011: 1.00
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

79.7% ▼ -3.0%

Lower than 74% of postcode areas.

  • 2011: 82.1%
  • 2016: 79.6%
  • 2021: 79.7%

Share of occupied private dwellings that are separate houses.

65.7% ▼ -5.2%

Lower than 83% of postcode areas.

  • 2011: 69.3%
  • 2016: 63.6%
  • 2021: 65.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3902, VIC, Separate house is the majority at 80%; Other dwelling is next at 20%.

Bedrooms per home

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In 3902, VIC, the largest group is 3 bedrooms at 41%, followed by 2 bedrooms (25%) and 4 bedrooms (23%).

Sources

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

More for 3902, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3902, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3902/3902-vic/topic/housing-dwellings