$420 —
Higher than 71% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
Ocean Grove · Statistical Area 2 (SA2)
Housing & Dwellings in Ocean Grove
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 93.8% of all homes in Ocean Grove, far more than the national figure. This is a wealthy housing market where nearly 42% of residents own their homes outright, and large family houses are the norm.
$420
—
- $100–$121: 37 areas
- $121–$143: 11 areas
- $143–$164: 27 areas
- $164–$186: 32 areas
- $186–$207: 63 areas
- $207–$229: 57 areas
- $229–$250: 59 areas
- $250–$271: 158 areas
- $271–$293: 106 areas
- $293–$314: 178 areas
- $314–$336: 149 areas
- $336–$357: 207 areas
- $357–$379: 179 areas
- $379–$400: 182 areas
- $400–$421: 312 areas
- $421–$443: 103 areas
- $443–$464: 158 areas
- $464–$486: 69 areas
- $486–$507: 85 areas
- $507–$529: 38 areas
- $529–$550: 32 areas
- $550–$571: 45 areas
- $571–$593: 19 areas
- $593–$614: 34 areas
- $614–$636: 8 areas
- $636–$657: 11 areas
- $657–$679: 5 areas
- $679–$700: 28 areas
All statistical area 2 (sa2) areas, 2021. The marker is Ocean Grove — higher than 71% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $420, which is a little above the state and national figures. Home loan payments are also higher than most areas, with the usual monthly payment sitting at $2,000.
$2,000 —
Higher than 61% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Ocean Grove, $350–$549 is the majority at 63%; $200–$349 is next at 20%.
Monthly mortgage distribution
View on map →In Ocean Grove, the largest group is $1,800–$2,999 at 42%, followed by $1,000–$1,799 (26%) and $3,000 or more (18%).
Owning & renting
How homes are owned or rented.
Home ownership is very strong here, with 41.7% of homes owned outright—well above the Victorian average. This is mirrored by a very low rental rate of 17.7%, which is far below the figures for Australia and Victoria.
17.7% —
Lower than 78% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
41.7% —
Higher than 79% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Ocean Grove splits fairly evenly between Owned outright (42%) and Owned with a mortgage (38%), with Rented at 18%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Most homes are large, as 87.1% have three or more bedrooms. This is far above the national average and helps explain why there are only 0.7 people per bedroom, which is much lower than most areas.
0.70 —
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
93.8% —
Higher than 78% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
87.1% —
Higher than 74% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Ocean Grove, Separate house is the majority at 94%; Townhouse / semi-detached is next at 6%.
Bedrooms per home
View on map →In Ocean Grove, the largest group is 3 bedrooms at 46%, followed by 4 bedrooms (36%) and 2 bedrooms (11%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Ocean Grove
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Ocean Grove [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/203031490/ocean-grove/topic/housing-dwellings