$250 ▲ +51.5%
Lower than 63% of postcode areas.
- 2011: $165
- 2016: $200
- 2021: $250
Median weekly rent paid by households renting their home.
3988, VIC · Postcode
Housing & Dwellings in 3988, VIC
Where and how people live — the homes, how they are held, and what they cost.
Far more people own their homes outright in postcode 3988 than in most similar areas. This is a place of large, detached houses where very few people rent and the typical home has at least three bedrooms.
$250
▲ +51.5%
- $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 3988, VIC — lower than 63% of areas.
| 3988, VIC | $250 |
|---|---|
| South Gippsland | $260 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $250, which is well below the national figure of $375. Meanwhile, typical monthly mortgage payments have risen by $370 since 2011 to reach $1,713, a figure that is about the same as across Victoria.
$1,713 ▲ +27.6%
Higher than 58% of postcode areas.
- 2011: $1,343
- 2016: $1,300
- 2021: $1,713
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 3988, VIC, the largest group is $200–$349 at 45%, followed by Under $200 (36%) and $350–$549 (18%).
Monthly mortgage distribution
View on map →3988, VIC splits fairly evenly between $1,000–$1,799 (34%) and $1,800–$2,999 (32%), with Under $1,000 at 22%.
Owning & renting
How homes are owned or rented.
Almost half of all homes (47.1%) are owned outright, which is far above the Australian figure of 31%. This strong ownership is reflected in the renting rate, which is among the lowest for similar areas at just 8.7%.
8.7% ▼ -48.8%
Lower than 91% of postcode areas.
- 2011: 17.0%
- 2016: 13.6%
- 2021: 8.7%
Share of occupied private dwellings that are rented.
47.1% ▲ +7.6%
Higher than 74% of postcode areas.
- 2011: 43.8%
- 2016: 44.6%
- 2021: 47.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 3988, VIC, the largest group is Owned outright at 48%, followed by Owned with a mortgage (37%) and Rented (9%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses make up 99.5% of the local housing stock, far above the 72.3% national average. These homes are typically large, with 83.4% having three or more bedrooms.
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.
99.5% ▲ +0.4%
Higher than 93% of postcode areas.
- 2011: 99.1%
- 2016: 96.9%
- 2021: 99.5%
Share of occupied private dwellings that are separate houses.
83.4% ▼ -3.8%
Higher than 69% of postcode areas.
- 2011: 86.7%
- 2016: 81.3%
- 2021: 83.4%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 3988, VIC, Separate house is the majority at 99%; Other dwelling is next at 1%.
Bedrooms per home
View on map →In 3988, VIC, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (33%) and 2 bedrooms (11%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 3988, VIC
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 3988, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3988/3988-vic/topic/housing-dwellings