$577 ▲ +4.9%
Higher than 98% of postcode areas.
- 2011: $550
- 2016: $519
- 2021: $577
Median weekly rent paid by households renting their home.
3944, VIC · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Much higher home ownership and larger houses than most similar areas define postcode 3944. The area is dominated by detached houses, with 72.3% of homes owned outright. This creates a distinct profile where very few people rent, but those with mortgages or leases face costs well above the national average.
All postcode areas, 2021. The marker is 3944, VIC — higher than 98% of areas.
| 3944, VIC | $577 |
|---|---|
| Mornington Peninsula | $380 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Living here is expensive, with a typical weekly rent of $577 and typical monthly mortgage payments of $2,806, both of which are well above the national figures. Monthly loan payments have risen by $639 since 2011.
$577 ▲ +4.9%
Higher than 98% of postcode areas.
Median weekly rent paid by households renting their home.
$2,806 ▲ +29.5%
Higher than 94% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3944, VIC, the largest group is $550–$749 at 45%, followed by $750 or more (30%) and $350–$549 (25%).
In 3944, VIC, $3,000 or more is the majority at 55%; Under $1,000 is next at 21%.
How homes are owned or rented.
Ownership is very high, and the 72.3% of homes owned outright is far above the Victorian average of 32.2%. Conversely, the 6.7% of households renting is far below both state and national levels.
6.7% ▼ -55.6%
Lower than 95% of postcode areas.
Share of occupied private dwellings that are rented.
72.3% ▲ +14.9%
Higher than 99% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3944, VIC, Owned outright is the majority at 71%; Owned with a mortgage is next at 18%.
Houses, townhouses, apartments and bedrooms.
Almost all homes here are separate houses (97.6%) and 97.3% have three or more bedrooms. Because these homes are so large, there are only 0.50 people per bedroom, which is well below the national figure.
0.50 ▼ -50.0%
Lower than 99% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
97.6% ▲ +5.5%
Higher than 78% of postcode areas.
Share of occupied private dwellings that are separate houses.
97.3% ▲ +1.8%
Higher than 99% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3944, VIC, Separate house is the majority at 98%; Townhouse / semi-detached is next at 2%.
In 3944, VIC, the largest group is 4 bedrooms at 43%, followed by 5 or more (27%) and 3 bedrooms (26%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3944, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3944/3944-vic/topic/housing-dwellings