3930, VIC · Postcode

Housing & Dwellings in 3930, VIC

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

Well above the state and national figures for housing costs, postcode 3930 is an expensive area to live. The typical monthly mortgage payment here is $2,600, and the usual weekly rent is $512, both of which are among the highest for similar areas.

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📍 3930, VIC, Postcode

Where 3930, VIC sits — Median rent (weekly)

$512 ▲ +44.6%
  • $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 3930, VIC — higher than 93% of areas.

Median rent (weekly) compared with the state and national average
3930, VIC$512
Mornington Peninsula $380
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Monthly mortgage payments are well above the Victorian average of $1,859, having risen $433 since 2011. Rent is also much higher than the national figure, with the usual weekly cost reaching $512.

$512 ▲ +44.6%

Higher than 93% of postcode areas.

  • 2011: $354
  • 2016: $428
  • 2021: $512

Median weekly rent paid by households renting their home.

$2,600 ▲ +20.0%

Higher than 91% of postcode areas.

  • 2011: $2,167
  • 2016: $2,200
  • 2021: $2,600

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3930, VIC, the largest group is $350–$549 at 36%, followed by $550–$749 (24%) and $750 or more (22%).

Monthly mortgage distribution

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In 3930, VIC, the largest group is $3,000 or more at 41%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (17%).

Owning & renting

How homes are owned or rented.

A high number of residents own their homes outright, at 45.3%, which is far above the national figure of 31%. This helps explain why the rental rate is among the lowest at this level, at just 8.4%.

8.4% ▼ -9.0%

Lower than 91% of postcode areas.

  • 2011: 9.2%
  • 2016: 9.8%
  • 2021: 8.4%

Share of occupied private dwellings that are rented.

45.3% ▲ +0.9%

Higher than 69% of postcode areas.

  • 2011: 44.9%
  • 2016: 43.4%
  • 2021: 45.3%

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

How homes are owned or rented

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3930, VIC splits fairly evenly between Owned outright (45%) and Owned with a mortgage (44%), with Rented at 8%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Large homes dominate the landscape, with separate houses making up 91.9% of dwellings. About 91.2% of homes have three or more bedrooms, a figure far above the Victorian average of 74.1%.

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.

91.9% ▼ -0.6%

Higher than 50% of postcode areas.

  • 2011: 92.4%
  • 2016: 91.3%
  • 2021: 91.9%

Share of occupied private dwellings that are separate houses.

91.2% ▲ +2.5%

Higher than 90% of postcode areas.

  • 2011: 88.9%
  • 2016: 89.3%
  • 2021: 91.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3930, VIC, Separate house is the majority at 92%; Flat or apartment is next at 4%.

Bedrooms per home

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In 3930, VIC, the largest group is 4 bedrooms at 42%, followed by 3 bedrooms (34%) and 5 or more (16%).

Sources

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

More for 3930, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3930, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3930/3930-vic/topic/housing-dwellings