$340 ▲ +36.0%
Higher than 62% of postcode areas.
- 2011: $250
- 2016: $290
- 2021: $340
Median weekly rent paid by households renting their home.
3919, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
More people have bought their own homes in postcode 3919 since 2011, though the cost of living has climbed. The area is dominated by large family houses, with 80.2% of homes having three or more bedrooms. This creates a landscape where separate houses are the norm, and renting is far less common than in the rest of the state.
All postcode areas, 2021. The marker is 3919, VIC — higher than 62% of areas.
| 3919, VIC | $340 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents have risen by $90 since 2011 to reach $340, which is higher than most areas. Meanwhile, the usual monthly home loan payment is $1,603, a little below the Victorian figure of $1,859.
$340 ▲ +36.0%
Higher than 62% of postcode areas.
Median weekly rent paid by households renting their home.
$1,603 ▲ +10.2%
Higher than 52% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
3919, VIC splits fairly evenly between $350–$549 (44%) and $200–$349 (44%), with Under $200 at 8%.
In 3919, VIC, the largest group is $1,000–$1,799 at 40%, followed by $1,800–$2,999 (34%) and Under $1,000 (20%).
How homes are owned or rented.
Almost half of all homes (49.4%) are owned with a mortgage, while 30.1% are owned outright. The proportion of households renting is far below the national figure, sitting at 18.4%.
18.4% ▼ -16.7%
Lower than 59% of postcode areas.
Share of occupied private dwellings that are rented.
30.1% ▲ +11.3%
Lower than 75% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3919, VIC, the largest group is Owned with a mortgage at 49%, followed by Owned outright (30%) and Rented (18%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 80.8% of the market, which is well above the Australian average. Most of these are large, with 55.5% of homes having exactly three bedrooms and a further 24.7% having four or more.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
80.8% ▼ -8.3%
Lower than 73% of postcode areas.
Share of occupied private dwellings that are separate houses.
80.2% ▼ -1.0%
Higher than 58% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3919, VIC, Separate house is the majority at 81%; Townhouse / semi-detached is next at 19%.
In 3919, VIC, 3 bedrooms is the majority at 56%; 4 bedrooms is next at 20%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3919, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3919/3919-vic/topic/housing-dwellings