$369 ▲ +47.6%
Higher than 70% of postcode areas.
- 2011: $250
- 2016: $300
- 2021: $369
Median weekly rent paid by households renting their home.
3941, VIC · Postcode
Housing & Dwellings in 3941, VIC
Where and how people live — the homes, how they are held, and what they cost.
Far more people own their homes outright in postcode 3941 than in the rest of the state, with 42.8% of residents owing nothing on their property. This area is dominated by large, detached houses and has a much lower proportion of renters compared to the national average.
$369
▲ +47.6%
- $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 3941, VIC — higher than 70% of areas.
| 3941, VIC | $369 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $369 and monthly mortgage payments are $1,800, both of which are higher than most areas. These costs have climbed since 2011, with typical rents rising by $119 per week.
$1,800 ▲ +18.7%
Higher than 63% of postcode areas.
- 2011: $1,517
- 2016: $1,560
- 2021: $1,800
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3941, VIC, $350–$549 is the majority at 55%; $200–$349 is next at 33%.
Monthly mortgage distribution
View on map →In 3941, VIC, the largest group is $1,800–$2,999 at 37%, followed by $1,000–$1,799 (30%) and Under $1,000 (19%).
Owning & renting
How homes are owned or rented.
Home ownership is very strong here, as the 42.8% who own their homes outright is far above the Victorian figure of 32.2%. Conversely, the 22.1% of households that rent is well below the national average of 30.6%.
22.1% ▼ -5.4%
Higher than 53% of postcode areas.
- 2011: 23.4%
- 2016: 24.0%
- 2021: 22.1%
Share of occupied private dwellings that are rented.
42.8% ▲ +7.7%
Higher than 61% of postcode areas.
- 2011: 39.8%
- 2016: 38.3%
- 2021: 42.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3941, VIC, the largest group is Owned outright at 43%, followed by Owned with a mortgage (31%) and Rented (22%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 95.5% of the market, which is far above the national figure of 72.3%. This preference for larger homes is reflected in the 83.8% of dwellings having three or more bedrooms, though the number of people per bedroom has fallen since 2011.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
95.5% ▲ +1.6%
Higher than 66% of postcode areas.
- 2011: 94.0%
- 2016: 94.4%
- 2021: 95.5%
Share of occupied private dwellings that are separate houses.
83.8% ▲ +4.4%
Higher than 71% of postcode areas.
- 2011: 80.2%
- 2016: 80.2%
- 2021: 83.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3941, VIC, Separate house is the majority at 96%; Townhouse / semi-detached is next at 3%.
Bedrooms per home
View on map →In 3941, VIC, 3 bedrooms is the majority at 54%; 4 bedrooms is next at 25%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3941, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3941, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3941/3941-vic/topic/housing-dwellings