$315 ▲ +37.0%
Higher than 55% of postcode areas.
- 2011: $230
- 2016: $240
- 2021: $315
Median weekly rent paid by households renting their home.
3987, VIC · Postcode
Housing & Dwellings in 3987, VIC
Where and how people live — the homes, how they are held, and what they cost.
Almost every home in postcode 3987 is a separate house, with 99.6% of dwellings being detached. This is far above the figures for Victoria and Australia, creating a landscape dominated by large family properties. Most residents own their homes, and the area has very few renters compared to the rest of the country.
$315
▲ +37.0%
- $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 3987, VIC — higher than 55% of areas.
| 3987, VIC | $315 |
|---|---|
| South Gippsland | $260 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical monthly mortgage payments are $1,733, which is higher than most similar areas and rose by $368 since 2011. Weekly rent is a little below the state and national figures, typically costing $315.
$1,733 ▲ +27.0%
Higher than 59% of postcode areas.
- 2011: $1,365
- 2016: $1,517
- 2021: $1,733
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3987, VIC, $200–$349 is the majority at 69%; $350–$549 is next at 31%.
Monthly mortgage distribution
View on map →In 3987, VIC, the largest group is $1,000–$1,799 at 39%, followed by $1,800–$2,999 (33%) and Under $1,000 (14%).
Owning & renting
How homes are owned or rented.
Renting is uncommon here, with only 6.7% of households renting, a figure far below the national average. Ownership is high, with 56.3% of homes having a mortgage and 34.1% owned outright.
6.7% ▼ -36.0%
Lower than 95% of postcode areas.
- 2011: 10.4%
- 2016: 10.7%
- 2021: 6.7%
Share of occupied private dwellings that are rented.
34.1% ▲ +9.1%
Lower than 65% of postcode areas.
- 2011: 31.3%
- 2016: 30.7%
- 2021: 34.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3987, VIC, Owned with a mortgage is the majority at 56%; Owned outright is next at 34%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, as 90.6% of dwellings have three or more bedrooms, which is far above the state and national averages. Separate houses make up 99.6% of all homes, though the number of people per bedroom has fallen since 2011.
0.80 ▼ -27.3%
Lower than 57% of postcode areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
99.6% ▲ +0.3%
Higher than 94% of postcode areas.
- 2011: 99.3%
- 2016: 98.2%
- 2021: 99.6%
Share of occupied private dwellings that are separate houses.
90.6% ▲ +2.4%
Higher than 89% of postcode areas.
- 2011: 88.4%
- 2016: 88.9%
- 2021: 90.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3987, VIC, Separate house is the majority at 99%; Townhouse / semi-detached is next at 1%.
Bedrooms per home
View on map →In 3987, VIC, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (33%) and 5 or more (11%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3987, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3987, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3987/3987-vic/topic/housing-dwellings