$473 ▲ +96.3%
Higher than 89% of postcode areas.
- 2011: $241
- 2016: $330
- 2021: $473
Median weekly rent paid by households renting their home.
3937, VIC · Postcode
Housing & Dwellings in 3937, VIC
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents in postcode 3937 have jumped by $232 since 2011, reflecting a local housing market where costs are now significantly higher than average. This area is dominated by large, detached family homes, with a very high proportion of residents owning their properties outright.
$473
▲ +96.3%
- $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 3937, VIC — higher than 89% of areas.
| 3937, VIC | $473 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $473, which is well above the Victorian figure of $370. Home loans are also expensive here, with a typical monthly payment of $2,167, which is much higher than most areas.
$2,167 ▲ +17.6%
Higher than 84% of postcode areas.
- 2011: $1,842
- 2016: $1,950
- 2021: $2,167
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3937, VIC, the largest group is $350–$549 at 41%, followed by $200–$349 (22%) and $550–$749 (22%).
Monthly mortgage distribution
View on map →In 3937, VIC, the largest group is $3,000 or more at 36%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (21%).
Owning & renting
How homes are owned or rented.
Ownership is very common in this area, with 53.4% of homes owned outright—far above the national figure of 31.0%. Meanwhile, the 12.2% of households renting is much lower than in most other areas.
12.2% ▲ +1.8%
Lower than 82% of postcode areas.
- 2011: 12.0%
- 2016: 11.1%
- 2021: 12.2%
Share of occupied private dwellings that are rented.
53.4% ▲ +6.4%
Higher than 89% of postcode areas.
- 2011: 50.2%
- 2016: 50.7%
- 2021: 53.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3937, VIC, Owned outright is the majority at 53%; Owned with a mortgage is next at 31%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Almost every home here is a separate house (99.3%), and 89% of dwellings have three or more bedrooms. This is far above the national figure, though the number of people per bedroom has moved down since 2011.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
99.3% ▼ -0.2%
Higher than 90% of postcode areas.
- 2011: 99.5%
- 2016: 99.0%
- 2021: 99.3%
Share of occupied private dwellings that are separate houses.
89.0% ▲ +3.4%
Higher than 86% of postcode areas.
- 2011: 86.0%
- 2016: 86.4%
- 2021: 89.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3937, VIC, Separate house is the majority at 99%; Townhouse / semi-detached is next at 1%.
Bedrooms per home
View on map →In 3937, VIC, the largest group is 3 bedrooms at 42%, followed by 4 bedrooms (33%) and 5 or more (14%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3937, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3937, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3937/3937-vic/topic/housing-dwellings