$340 ▲ +36.0%
Lower than 60% of statistical area 2 (sa2) areas.
- 2011: $250
- 2016: $290
- 2021: $340
Median weekly rent paid by households renting their home.
Geelong · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Rental households have increased to 40.2% since 2011, marking a significant shift in the housing landscape of Geelong. While the area has a high proportion of renters, the cost of housing here remains a little below the state and national figures. This mix of tenure and affordability shapes the local property market.
All statistical area 2 (sa2) areas, 2021. The marker is Geelong — lower than 60% of areas.
Rents, mortgages and crowding.
Typical weekly rents are $340 and monthly mortgage payments are $1703, both of which are lower than most areas. Since 2011, the usual rent has risen by $90 and mortgage payments have climbed by $213.
$340 ▲ +36.0%
Lower than 60% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,703 ▲ +14.3%
Lower than 59% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Geelong splits fairly evenly between $350–$549 (41%) and $200–$349 (39%), with Under $200 at 14%.
Geelong splits fairly evenly between $1,000–$1,799 (34%) and $1,800–$2,999 (30%), with Under $1,000 at 20%.
How homes are owned or rented.
A far higher share of households rent here than in the rest of Victoria, sitting at 40.2%. Around 30.9% of homes are owned outright, a figure that rose slightly since 2011 and is about the same as the national average.
40.2% ▲ +7.5%
Higher than 79% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
30.9% ▲ +3.2%
Lower than 55% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Geelong, the largest group is Rented at 40%, followed by Owned outright (31%) and Owned with a mortgage (27%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 66.9% of homes, which is well below the national figure and has fallen since 2011. This reflects a trend toward smaller homes, with 59.9% of dwellings having three or more bedrooms, far below the state average of 74.1%.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
66.9% ▼ -10.5%
Lower than 75% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
59.9% ▲ +0.4%
Lower than 84% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Geelong, Separate house is the majority at 67%; Townhouse / semi-detached is next at 20%.
In Geelong, the largest group is 3 bedrooms at 44%, followed by 2 bedrooms (31%) and 4 bedrooms (14%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Geelong [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/203021039/geelong/topic/housing-dwellings