3934, VIC · Postcode

Housing & Dwellings in 3934, VIC

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

High housing costs define daily life in postcode 3934, where typical weekly rents hit $496. This area is dominated by large, family-sized homes and a very high rate of outright ownership, making it much less common to rent here than in the rest of the state.

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📍 3934, VIC, Postcode

Where 3934, VIC sits — Median rent (weekly)

$496 ▲ +43.4%
  • $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 3934, VIC — higher than 91% of areas.

Median rent (weekly) compared with the state and national average
3934, VIC$496
Mornington Peninsula $380
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are among the highest for similar areas, sitting well above the Victorian figure by $126. Mortgage repayments are also much higher than most areas, with a typical monthly payment of $2,167.

$496 ▲ +43.4%

Higher than 91% of postcode areas.

  • 2011: $346
  • 2016: $400
  • 2021: $496

Median weekly rent paid by households renting their home.

$2,167 ▲ +11.1%

Higher than 84% of postcode areas.

  • 2011: $1,950
  • 2016: $2,000
  • 2021: $2,167

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3934, VIC, $350–$549 is the majority at 53%; $550–$749 is next at 24%.

Monthly mortgage distribution

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In 3934, VIC, the largest group is $1,800–$2,999 at 38%, followed by $3,000 or more (28%) and $1,000–$1,799 (21%).

Owning & renting

How homes are owned or rented.

Home ownership is very strong in postcode 3934, with 42.3% of homes owned outright, which is far above the national figure. Only 12.1% of households rent, a rate far below both the state and Australia.

12.1% ▼ -10.0%

Lower than 82% of postcode areas.

  • 2011: 13.4%
  • 2016: 14.0%
  • 2021: 12.1%

Share of occupied private dwellings that are rented.

42.3% ▲ +12.1%

Higher than 60% of postcode areas.

  • 2011: 37.7%
  • 2016: 38.5%
  • 2021: 42.3%

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

How homes are owned or rented

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3934, VIC splits fairly evenly between Owned outright (42%) and Owned with a mortgage (42%), with Rented at 12%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Large homes are the norm, as 89.2% of dwellings have three or more bedrooms, far above the state average. Most people live in separate houses, and there are fewer people per bedroom than in most other areas.

0.70 ▼ -30.0%

Lower than 86% of postcode areas.

  • 2011: 1.00
  • 2016: 0.80
  • 2021: 0.70

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

84.2% ▼ -6.3%

Lower than 69% of postcode areas.

  • 2011: 89.9%
  • 2016: 86.3%
  • 2021: 84.2%

Share of occupied private dwellings that are separate houses.

89.2% ▼ 0.0%

Higher than 86% of postcode areas.

  • 2011: 89.2%
  • 2016: 88.6%
  • 2021: 89.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3934, VIC, Separate house is the majority at 84%; Townhouse / semi-detached is next at 15%.

Bedrooms per home

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In 3934, VIC, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (38%) and 2 bedrooms (9%).

Sources

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

More for 3934, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3934, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3934/3934-vic/topic/housing-dwellings