$225 ▲ +66.7%
Lower than 62% of council (lga) areas.
- 2011: $135
- 2016: $170
- 2021: $225
Median weekly rent paid by households renting their home.
Corangamite · Council (LGA)
Housing & Dwellings in Corangamite
Where and how people live — the homes, how they are held, and what they cost.
Typical weekly rents in Corangamite have climbed by $90 since 2011, though housing costs remain far below state and national figures. The area is dominated by large, detached homes and a very high rate of outright ownership. This creates a housing market that is much more affordable and stable than most other parts of Australia.
$225
▲ +66.7%
- $0–$21: 0 areas
- $21–$43: 0 areas
- $43–$64: 3 areas
- $64–$86: 15 areas
- $86–$107: 11 areas
- $107–$129: 20 areas
- $129–$150: 15 areas
- $150–$171: 45 areas
- $171–$193: 25 areas
- $193–$214: 57 areas
- $214–$236: 36 areas
- $236–$257: 48 areas
- $257–$279: 36 areas
- $279–$300: 27 areas
- $300–$321: 45 areas
- $321–$343: 28 areas
- $343–$364: 27 areas
- $364–$386: 28 areas
- $386–$407: 26 areas
- $407–$429: 10 areas
- $429–$450: 6 areas
- $450–$471: 12 areas
- $471–$493: 2 areas
- $493–$514: 7 areas
- $514–$536: 5 areas
- $536–$557: 4 areas
- $557–$579: 2 areas
- $579–$600: 7 areas
All council (lga) areas, 2021. The marker is Corangamite — lower than 62% of areas.
| Corangamite | $225 |
|---|---|
| Rest of Vic. | $285 |
| Victoria | $370 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Rental and mortgage costs are far below the national figures. The typical weekly rent is just $225 and the usual monthly home loan payment is $1,083, both of which are much lower than most other areas.
$1,083 ▲ +3.1%
Lower than 71% of council (lga) areas.
- 2011: $1,050
- 2016: $1,083
- 2021: $1,083
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Corangamite, $200–$349 is the majority at 59%; Under $200 is next at 35%.
Monthly mortgage distribution
View on map →Corangamite splits fairly evenly between Under $1,000 (42%) and $1,000–$1,799 (37%), with $1,800–$2,999 at 13%.
Owning & renting
How homes are owned or rented.
Home ownership is very strong here, with 46% of homes owned outright, a figure far above the national average. Meanwhile, the proportion of households renting is much lower than most areas and fell by 4 percentage points since 2011.
17.8% ▼ -18.5%
Lower than 84% of council (lga) areas.
- 2011: 21.9%
- 2016: 21.9%
- 2021: 17.8%
Share of occupied private dwellings that are rented.
46.0% ▲ +1.9%
Higher than 80% of council (lga) areas.
- 2011: 45.1%
- 2016: 44.0%
- 2021: 46.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Corangamite, the largest group is Owned outright at 46%, followed by Owned with a mortgage (29%) and Rented (18%).
Types of homes
Houses, townhouses, apartments and bedrooms.
The housing stock is overwhelmingly made up of separate houses, which account for 95.4% of all homes. Most are large, with 81.5% having three or more bedrooms, and the number of people per bedroom has moved down since 2011.
0.70 ▼ -36.4%
Lower than 99% of council (lga) areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
95.4% ▲ +0.4%
Higher than 85% of council (lga) areas.
- 2011: 95.0%
- 2016: 94.6%
- 2021: 95.4%
Share of occupied private dwellings that are separate houses.
81.5% ▼ -0.5%
Higher than 77% of council (lga) areas.
- 2011: 82.0%
- 2016: 80.2%
- 2021: 81.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Corangamite, Separate house is the majority at 96%; Townhouse / semi-detached is next at 4%.
Bedrooms per home
View on map →In Corangamite, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 26%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Corangamite
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Corangamite [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA21830/corangamite/topic/housing-dwellings