3950, VIC · Postcode

Housing & Dwellings in 3950, VIC

Where and how people live — the homes, how they are held, and what they cost.

Much lower housing costs than the state or national figures define postcode 3950, where typical weekly rents are $270. This area is dominated by large, detached homes and a high rate of outright ownership. Most residents live in separate houses, with a typical monthly mortgage payment of $1,338.

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📍 3950, VIC, Postcode

Where 3950, VIC sits — Median rent (weekly)

$270 ▲ +45.9%
  • $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 3950, VIC — lower than 57% of areas.

Median rent (weekly) compared with the state and national average
3950, VIC$270
South Gippsland $260
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are well below the national figure of $375, though they have risen by $85 since 2011. Similarly, the typical monthly mortgage payment of $1,338 is well below both the state and national averages and has barely changed in a decade.

$270 ▲ +45.9%

Lower than 57% of postcode areas.

  • 2011: $185
  • 2016: $220
  • 2021: $270

Median weekly rent paid by households renting their home.

$1,338 ▲ +0.2%

Lower than 63% of postcode areas.

  • 2011: $1,335
  • 2016: $1,300
  • 2021: $1,338

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 3950, VIC, $200–$349 is the majority at 58%; Under $200 is next at 21%.

Monthly mortgage distribution

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In 3950, VIC, the largest group is $1,000–$1,799 at 44%, followed by Under $1,000 (29%) and $1,800–$2,999 (22%).

Owning & renting

How homes are owned or rented.

Ownership is common here, with 41.8% of homes owned outright—a figure far above the Australian average of 31%. Meanwhile, the 18.5% of households that rent is far below both the state and national figures.

18.5% ▼ -9.7%

Lower than 59% of postcode areas.

  • 2011: 20.5%
  • 2016: 22.5%
  • 2021: 18.5%

Share of occupied private dwellings that are rented.

41.8% ▲ +4.7%

Higher than 58% of postcode areas.

  • 2011: 40.0%
  • 2016: 38.3%
  • 2021: 41.8%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In 3950, VIC, the largest group is Owned outright at 42%, followed by Owned with a mortgage (36%) and Rented (18%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 91.6% of the market, far above the national average. These homes are typically large, with 80.2% having three or more bedrooms, which helps explain why there are fewer people per bedroom (0.70) than in most areas.

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.

91.6% ▲ +0.6%

Lower than 51% of postcode areas.

  • 2011: 91.1%
  • 2016: 92.1%
  • 2021: 91.6%

Share of occupied private dwellings that are separate houses.

80.2% ▲ +2.4%

Higher than 58% of postcode areas.

  • 2011: 78.3%
  • 2016: 78.4%
  • 2021: 80.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 3950, VIC, Separate house is the majority at 92%; Townhouse / semi-detached is next at 8%.

Bedrooms per home

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In 3950, VIC, 3 bedrooms is the majority at 51%; 4 bedrooms is next at 27%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 3950, VIC

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 3950, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3950/3950-vic/topic/housing-dwellings