$240 ▲ +93.5%
Lower than 66% of postcode areas.
- 2011: $124
- 2016: $175
- 2021: $240
Median weekly rent paid by households renting their home.
3962, VIC · Postcode
Housing & Dwellings in 3962, VIC
Where and how people live — the homes, how they are held, and what they cost.
Nearly half of all homes in postcode 3962 are owned outright, which is far above the national figure. This is an area where housing costs are generally low, with a typical monthly mortgage payment of $1,000 being far below the Australian average.
$240
▲ +93.5%
- $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 3962, VIC — lower than 66% of areas.
| 3962, VIC | $240 |
|---|---|
| South Gippsland | $260 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are far below the Victorian figure, having fallen $109 since 2011. Weekly rent is also well below the national average at $240, though it has risen $116 over the last decade.
$1,000 ▼ -9.8%
Lower than 81% of postcode areas.
- 2011: $1,109
- 2016: $1,088
- 2021: $1,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3962, VIC, $200–$349 is the majority at 52%; Under $200 is next at 31%.
Monthly mortgage distribution
View on map →In 3962, VIC, the largest group is Under $1,000 at 48%, followed by $1,000–$1,799 (33%) and $1,800–$2,999 (13%).
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 49.5% of homes owned outright, far above the national rate of 31.0%. Only 15.8% of households rent, which is far below both the state and national figures.
15.8% ▼ -6.2%
Lower than 69% of postcode areas.
- 2011: 16.8%
- 2016: 20.9%
- 2021: 15.8%
Share of occupied private dwellings that are rented.
49.5% ▲ +1.5%
Higher than 81% of postcode areas.
- 2011: 48.8%
- 2016: 43.1%
- 2021: 49.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3962, VIC, the largest group is Owned outright at 49%, followed by Owned with a mortgage (29%) and Rented (16%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 91.9% of homes, far above the Victorian average. While three or more bedroom homes are about the same as the national figure, there are fewer people per bedroom than in most other 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.
91.9% ▼ -6.0%
Higher than 50% of postcode areas.
- 2011: 97.7%
- 2016: 90.8%
- 2021: 91.9%
Share of occupied private dwellings that are separate houses.
73.6% ▼ -4.9%
Lower than 67% of postcode areas.
- 2011: 77.5%
- 2016: 73.5%
- 2021: 73.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3962, VIC, Separate house is the majority at 94%; Other dwelling is next at 4%.
Bedrooms per home
View on map →In 3962, VIC, 3 bedrooms is the majority at 56%; 2 bedrooms is next at 18%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3962, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3962, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3962/3962-vic/topic/housing-dwellings