$265 ▲ +51.4%
Higher than 52% of council (lga) areas.
- 2011: $175
- 2016: $210
- 2021: $265
Median weekly rent paid by households renting their home.
Colac Otway · Council (LGA)
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than the state or national average mark Colac Otway, where the typical weekly rent is just $265. This area is defined by a strong preference for larger, detached homes and a high rate of outright ownership. These factors combine to create a housing market that is significantly more affordable than the rest of Victoria.
All council (lga) areas, 2021. The marker is Colac Otway — higher than 52% of areas.
| Colac Otway | $265 |
|---|---|
| Rest of Vic. | $285 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments of $1,300 and weekly rents of $265 are both well below the figures for Victoria and Australia. While these costs have risen since 2011, they remain around the middle for similar areas.
$265 ▲ +51.4%
Higher than 52% of council (lga) areas.
Median weekly rent paid by households renting their home.
$1,300 ▲ +4.2%
Lower than 57% of council (lga) areas.
Median monthly mortgage repayment for households with a mortgage.
In Colac Otway, $200–$349 is the majority at 56%; Under $200 is next at 22%.
In Colac Otway, the largest group is $1,000–$1,799 at 46%, followed by Under $1,000 (27%) and $1,800–$2,999 (20%).
How homes are owned or rented.
Outright home ownership is far above the national figure at 43.2%, while the proportion of households renting is well below the state and national rates at 21.3%. The number of people owning their home outright has risen slightly since 2011.
21.3% ▼ -3.7%
Lower than 69% of council (lga) areas.
Share of occupied private dwellings that are rented.
43.2% ▲ +3.2%
Higher than 71% of council (lga) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Colac Otway, the largest group is Owned outright at 43%, followed by Owned with a mortgage (31%) and Rented (21%).
Houses, townhouses, apartments and bedrooms.
Separate houses are far more common here than across Australia, making up 91.1% of all homes. This is consistent with the fact that 79.2% of homes have three or more bedrooms, which is well above the state average.
0.70 ▼ -36.4%
Lower than 99% of council (lga) areas.
Average number of usual residents per bedroom — a crowding measure.
91.1% ▲ +0.9%
Higher than 58% of council (lga) areas.
Share of occupied private dwellings that are separate houses.
79.2% ▲ +1.7%
Higher than 63% of council (lga) areas.
Share of occupied private dwellings with three or more bedrooms.
In Colac Otway, Separate house is the majority at 91%; Townhouse / semi-detached is next at 7%.
In Colac Otway, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 24%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Colac Otway [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA21750/colac-otway/topic/housing-dwellings