$400 ▲ +45.5%
Higher than 78% of postcode areas.
- 2011: $275
- 2016: $320
- 2021: $400
Median weekly rent paid by households renting their home.
3942, VIC · Postcode
Housing & Dwellings in 3942, VIC
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 99.1% of all homes in postcode 3942. This area is dominated by large, owner-occupied properties, with 57.6% of homes owned outright, which is far above the national figure.
$400
▲ +45.5%
- $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 3942, VIC — higher than 78% of areas.
| 3942, VIC | $400 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments of $2,000 and weekly rents of $400 are both much higher than most areas. Both costs have risen since 2011, with rent increasing by $125 per week.
$2,000 ▲ +31.8%
Higher than 74% of postcode areas.
- 2011: $1,517
- 2016: $1,800
- 2021: $2,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3942, VIC, the largest group is $350–$549 at 44%, followed by $200–$349 (25%) and $550–$749 (15%).
Monthly mortgage distribution
View on map →3942, VIC splits fairly evenly between $1,800–$2,999 (28%) and $3,000 or more (27%), with $1,000–$1,799 at 25%.
Owning & renting
How homes are owned or rented.
Home ownership is very high here; 57.6% of homes are owned outright, which is far above the Victorian and national figures. Meanwhile, the 13.4% of households renting is far below the national average.
13.4% ▼ -31.4%
Lower than 77% of postcode areas.
- 2011: 19.5%
- 2016: 18.3%
- 2021: 13.4%
Share of occupied private dwellings that are rented.
57.6% ▲ +12.2%
Higher than 94% of postcode areas.
- 2011: 51.4%
- 2016: 56.4%
- 2021: 57.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3942, VIC, Owned outright is the majority at 58%; Owned with a mortgage is next at 24%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, with 90.0% having three or more bedrooms, far above the national figure. Because of these spacious houses, there are only 0.60 people per bedroom, which is well below the Victorian average.
0.60 ▼ -40.0%
Lower than 99% of postcode areas.
- 2011: 1.00
- 2016: 0.60
- 2021: 0.60
Average number of usual residents per bedroom — a crowding measure.
99.1% ▲ +0.3%
Higher than 88% of postcode areas.
- 2011: 98.9%
- 2016: 99.2%
- 2021: 99.1%
Share of occupied private dwellings that are separate houses.
90.0% ▲ +8.0%
Higher than 88% of postcode areas.
- 2011: 83.4%
- 2016: 83.1%
- 2021: 90.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3942, VIC, Separate house is the majority at 99%; Townhouse / semi-detached is next at 1%.
Bedrooms per home
View on map →In 3942, VIC, 3 bedrooms is the majority at 50%; 4 bedrooms is next at 33%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3942, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3942, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3942/3942-vic/topic/housing-dwellings