$451 ▲ +73.5%
Higher than 87% of postcode areas.
- 2011: $260
- 2016: $379
- 2021: $451
Median weekly rent paid by households renting their home.
3929, VIC · Postcode
Housing & Dwellings in 3929, 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 3929 than in the rest of the country, with 66.1% of households owning their place fully. This creates a distinct housing landscape where the majority of residents are mortgage-free, though those with loans or leases face costs well above the national average.
$451
▲ +73.5%
- $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 3929, VIC — higher than 87% of areas.
| 3929, VIC | $451 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,500, which is well above the Victorian figure of $1,859. Renters also pay more than most, with the usual weekly rent at $451, a figure that has risen by $191 since 2011.
$2,500 ▲ +25.0%
Higher than 90% of postcode areas.
- 2011: $2,000
- 2016: $2,500
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3929, VIC, the largest group is $350–$549 at 38%, followed by $550–$749 (28%) and $200–$349 (21%).
Monthly mortgage distribution
View on map →In 3929, VIC, the largest group is $3,000 or more at 40%, followed by $1,800–$2,999 (27%) and $1,000–$1,799 (17%).
Owning & renting
How homes are owned or rented.
The area has a very high rate of home ownership, with 66.1% of homes owned outright, far above the national figure of 31%. Meanwhile, the proportion of households renting is much lower than most areas at just 11.7%.
11.7% ▼ -38.9%
Lower than 83% of postcode areas.
- 2011: 19.1%
- 2016: 18.8%
- 2021: 11.7%
Share of occupied private dwellings that are rented.
66.1% ▲ +25.8%
Higher than 99% of postcode areas.
- 2011: 52.5%
- 2016: 59.1%
- 2021: 66.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3929, VIC, Owned outright is the majority at 64%; Owned with a mortgage is next at 20%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes dominate the landscape, as 96.7% are separate houses and 88.3% have three or more bedrooms. Because homes are so spacious, the 0.60 people per bedroom is well below the national figure of 0.80.
0.60 ▼ -45.5%
Lower than 99% of postcode areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.60
Average number of usual residents per bedroom — a crowding measure.
96.7% ▼ -2.3%
Higher than 73% of postcode areas.
- 2011: 99.0%
- 2016: 96.5%
- 2021: 96.7%
Share of occupied private dwellings that are separate houses.
88.3% ▲ +7.4%
Higher than 84% of postcode areas.
- 2011: 82.2%
- 2016: 82.3%
- 2021: 88.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3929, VIC, Separate house is the majority at 97%; Flat or apartment is next at 3%.
Bedrooms per home
View on map →In 3929, VIC, the largest group is 3 bedrooms at 43%, followed by 4 bedrooms (31%) and 5 or more (16%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3929, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3929, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3929/3929-vic/topic/housing-dwellings