$496 ▲ +43.4%
Higher than 91% of postcode areas.
- 2011: $346
- 2016: $400
- 2021: $496
Median weekly rent paid by households renting their home.
3934, VIC · Postcode
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.
All postcode areas, 2021. The marker is 3934, VIC — higher than 91% of areas.
| 3934, VIC | $496 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$2,167 ▲ +11.1%
Higher than 84% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3934, VIC, $350–$549 is the majority at 53%; $550–$749 is next at 24%.
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%).
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.
Share of occupied private dwellings that are rented.
42.3% ▲ +12.1%
Higher than 60% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
3934, VIC splits fairly evenly between Owned outright (42%) and Owned with a mortgage (42%), with Rented at 12%.
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.
Average number of usual residents per bedroom — a crowding measure.
84.2% ▼ -6.3%
Lower than 69% of postcode areas.
Share of occupied private dwellings that are separate houses.
89.2% ▼ 0.0%
Higher than 86% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3934, VIC, Separate house is the majority at 84%; Townhouse / semi-detached is next at 15%.
In 3934, VIC, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (38%) and 2 bedrooms (9%).
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