$462 ▲ +94.9%
Higher than 88% of postcode areas.
- 2011: $237
- 2016: $322
- 2021: $462
Median weekly rent paid by households renting their home.
3943, VIC · Postcode
Housing & Dwellings in 3943, VIC
Where and how people live — the homes, how they are held, and what they cost.
Almost 97% of homes in postcode 3943 are separate houses, making it an area dominated by detached living. This is far above the state and national figures, creating a landscape of large properties where most residents own their homes outright.
$462
▲ +94.9%
- $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 3943, VIC — higher than 88% of areas.
| 3943, VIC | $462 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Housing costs are much higher than most areas, with the typical weekly rent at $462 and typical monthly mortgage payments at $2,167. Both figures are a little above the Victorian and national averages, with rents rising by $225 since 2011.
$2,167 ▲ +52.6%
Higher than 84% of postcode areas.
- 2011: $1,420
- 2016: $1,733
- 2021: $2,167
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3943, VIC, the largest group is $350–$549 at 45%, followed by $200–$349 (23%) and $550–$749 (17%).
Monthly mortgage distribution
View on map →In 3943, VIC, the largest group is $3,000 or more at 36%, followed by Under $1,000 (23%) and $1,800–$2,999 (23%).
Owning & renting
How homes are owned or rented.
Owning a home outright is very common here, accounting for 63.9% of households, which is far above the national figure of 31%. Meanwhile, the share of households renting is much lower than most areas at 12.9% and has fallen since 2011.
12.9% ▼ -12.7%
Lower than 79% of postcode areas.
- 2011: 14.8%
- 2016: 13.6%
- 2021: 12.9%
Share of occupied private dwellings that are rented.
63.9% ▼ -0.9%
Higher than 99% of postcode areas.
- 2011: 64.5%
- 2016: 64.8%
- 2021: 63.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3943, VIC, Owned outright is the majority at 63%; Owned with a mortgage is next at 20%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, with 88.6% having three or more bedrooms, far above the Victorian average of 74.1%. Because there are so many rooms, the number of people per bedroom is well below the national figure at 0.60.
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.
97.0% ▲ +5.3%
Higher than 74% of postcode areas.
- 2011: 92.1%
- 2016: 96.7%
- 2021: 97.0%
Share of occupied private dwellings that are separate houses.
88.6% ▲ +7.1%
Higher than 85% of postcode areas.
- 2011: 82.7%
- 2016: 83.8%
- 2021: 88.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3943, VIC, Separate house is the majority at 97%; Flat or apartment is next at 2%.
Bedrooms per home
View on map →In 3943, VIC, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (35%) and 5 or more (13%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3943, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3943, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3943/3943-vic/topic/housing-dwellings