3918, VIC · Postcode

Housing & Dwellings in 3918, VIC

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.

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📍 3918, VIC, Postcode

Where 3918, VIC sits — Median rent (weekly)

$366 ▲ +52.5%
  • $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 3918, VIC — higher than 69% of areas.

Median rent (weekly) compared with the state and national average
3918, VIC$366
Mornington Peninsula $380
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $240
  • 2016: $295
  • 2021: $366

Median weekly rent paid by households renting their home.

$1,842 ▲ +6.3%

Higher than 65% of postcode areas.

  • 2011: $1,733
  • 2016: $1,700
  • 2021: $1,842

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3918, VIC, $350–$549 is the majority at 60%; $200–$349 is next at 31%.

Monthly mortgage distribution

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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%).

Owning & renting

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.

  • 2011: 11.8%
  • 2016: 12.8%
  • 2021: 12.1%

Share of occupied private dwellings that are rented.

41.5% ▲ +37.8%

Higher than 57% of postcode areas.

  • 2011: 30.1%
  • 2016: 33.6%
  • 2021: 41.5%

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

How homes are owned or rented

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3918, VIC splits fairly evenly between Owned with a mortgage (42%) and Owned outright (42%), with Rented at 12%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

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

93.6% ▲ +0.2%

Higher than 56% of postcode areas.

  • 2011: 93.4%
  • 2016: 92.9%
  • 2021: 93.6%

Share of occupied private dwellings that are separate houses.

78.0% ▼ -10.3%

Lower than 52% of postcode areas.

  • 2011: 87.0%
  • 2016: 85.7%
  • 2021: 78.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3918, VIC, Separate house is the majority at 94%; Townhouse / semi-detached is next at 6%.

Bedrooms per home

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In 3918, VIC, the largest group is 3 bedrooms at 40%, followed by 4 bedrooms (30%) and 2 bedrooms (20%).

Sources

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

More for 3918, VIC

Cite this page

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