$366 ▲ +52.5%
Higher than 69% of postcode areas.
- 2011: $240
- 2016: $295
- 2021: $366
Median weekly rent paid by households renting their home.
3918, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
High rates of home ownership define daily life in postcode 3918, where 41.5% of homes are owned outright. This is far above the national figure and reflects a stable residential landscape. Most people live in detached houses, with a small minority renting their homes.
All postcode areas, 2021. The marker is 3918, VIC — higher than 69% of areas.
| 3918, VIC | $366 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $366 and monthly mortgage payments are $1,842, both of which are higher than most areas. Both costs have risen since 2011, with rent increasing by $126 per week.
$366 ▲ +52.5%
Higher than 69% of postcode areas.
Median weekly rent paid by households renting their home.
$1,842 ▲ +6.3%
Higher than 65% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3918, VIC, $350–$549 is the majority at 60%; $200–$349 is next at 31%.
In 3918, VIC, the largest group is $1,800–$2,999 at 37%, followed by $1,000–$1,799 (29%) and Under $1,000 (19%).
How homes are owned or rented.
Owning a home without a mortgage is far more common here than in the rest of Australia, at 41.5%. Meanwhile, the 12.1% of households that rent is much lower than most areas and far below the state and national figures.
12.1% ▲ +2.4%
Lower than 82% of postcode areas.
Share of occupied private dwellings that are rented.
41.5% ▲ +37.8%
Higher than 57% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
3918, VIC splits fairly evenly between Owned with a mortgage (42%) and Owned outright (42%), with Rented at 12%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 93.6% of all homes, which is far above the state and national figures. These homes are typically large, as 78% have three or more bedrooms, though the number of people per bedroom has fallen since 2011.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
93.6% ▲ +0.2%
Higher than 56% of postcode areas.
Share of occupied private dwellings that are separate houses.
78.0% ▼ -10.3%
Lower than 52% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3918, VIC, Separate house is the majority at 94%; Townhouse / semi-detached is next at 6%.
In 3918, VIC, the largest group is 3 bedrooms at 40%, followed by 4 bedrooms (30%) and 2 bedrooms (20%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3918, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3918/3918-vic/topic/housing-dwellings