$270 ▲ +45.9%
Lower than 57% of postcode areas.
- 2011: $185
- 2016: $220
- 2021: $270
Median weekly rent paid by households renting their home.
3950, VIC · Postcode
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.
All postcode areas, 2021. The marker is 3950, VIC — lower than 57% of areas.
| 3950, VIC | $270 |
|---|---|
| South Gippsland | $260 |
| Victoria | $370 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$1,338 ▲ +0.2%
Lower than 63% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 3950, VIC, $200–$349 is the majority at 58%; Under $200 is next at 21%.
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%).
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.
Share of occupied private dwellings that are rented.
41.8% ▲ +4.7%
Higher than 58% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 3950, VIC, the largest group is Owned outright at 42%, followed by Owned with a mortgage (36%) and Rented (18%).
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.
Average number of usual residents per bedroom — a crowding measure.
91.6% ▲ +0.6%
Lower than 51% of postcode areas.
Share of occupied private dwellings that are separate houses.
80.2% ▲ +2.4%
Higher than 58% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 3950, VIC, Separate house is the majority at 92%; Townhouse / semi-detached is next at 8%.
In 3950, VIC, 3 bedrooms is the majority at 51%; 4 bedrooms is next at 27%.
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