$400 ▲ +42.9%
Higher than 78% of postcode areas.
- 2011: $280
- 2016: $335
- 2021: $400
Median weekly rent paid by households renting their home.
3931, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 77.0% of the homes in postcode 3931, which is well above the national figure. This is an area where housing costs are much higher than most other places, with typical monthly mortgage payments reaching $2,000 and weekly rents hitting $400.
All postcode areas, 2021. The marker is 3931, VIC — higher than 78% of areas.
| 3931, VIC | $400 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments have risen by $267 since 2011 to reach $2,000, a figure that is much higher than most areas. Weekly rents have also climbed by $120 over the same period to $400, which is a little above the Victorian average of $370.
$400 ▲ +42.9%
Higher than 78% of postcode areas.
Median weekly rent paid by households renting their home.
$2,000 ▲ +15.4%
Higher than 74% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3931, VIC, $350–$549 is the majority at 50%; $200–$349 is next at 19%.
In 3931, VIC, the largest group is $1,800–$2,999 at 39%, followed by $1,000–$1,799 (24%) and $3,000 or more (20%).
How homes are owned or rented.
A far higher proportion of people own their homes outright here than in the rest of Australia, at 41.3%. Meanwhile, the share of households renting has fallen since 2011 to 21.3%, which is well below the national figure of 30.6%.
21.3% ▼ -15.0%
Higher than 51% of postcode areas.
Share of occupied private dwellings that are rented.
41.3% ▲ +13.6%
Higher than 57% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3931, VIC, the largest group is Owned outright at 41%, followed by Owned with a mortgage (32%) and Rented (21%).
Houses, townhouses, apartments and bedrooms.
Detached houses are common here, making up 77.0% of all dwellings. While about 74.6% of homes have three or more bedrooms, the number of people per bedroom has dropped to 0.70, which is lower than most other areas.
0.70 ▼ -30.0%
Lower than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
77.0% ▲ +8.4%
Lower than 77% of postcode areas.
Share of occupied private dwellings that are separate houses.
74.6% ▲ +0.7%
Lower than 64% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3931, VIC, Separate house is the majority at 77%; Townhouse / semi-detached is next at 11%.
In 3931, VIC, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (23%) and 2 bedrooms (22%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3931, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3931/3931-vic/topic/housing-dwellings