$260 —
Lower than 83% of statistical area 2 (sa2) areas.
- 2016: $215
- 2021: $260
Median weekly rent paid by households renting their home.
Colac · Statistical Area 2 (SA2)
Housing & Dwellings in Colac
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs define Colac, where typical monthly mortgage payments are $563 below the national figure. This makes the area more affordable than most of the country, with a strong preference for large, detached family homes. The typical resident here enjoys more space and lower living expenses compared to those in Victoria or across Australia.
$260
—
- $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 Colac — lower than 83% of areas.
Housing costs
Rents, mortgages and crowding.
The typical weekly rent of $260 is well below the national figure of $375. Similarly, the usual monthly home loan payment is $1,300, which is much lower than most areas and well below the Victorian average of $1,859.
$1,300 —
Lower than 86% of statistical area 2 (sa2) areas.
- 2016: $1,270
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Colac, $200–$349 is the majority at 58%; Under $200 is next at 23%.
Monthly mortgage distribution
View on map →In Colac, $1,000–$1,799 is the majority at 52%; Under $1,000 is next at 26%.
Owning & renting
How homes are owned or rented.
A higher than average 39.8% of homes are owned outright, which is well above the national figure of 31.0%. Meanwhile, 25.8% of households are renting, a figure that is well below the Australian average and has barely changed since 2016.
25.8% —
Lower than 53% of statistical area 2 (sa2) areas.
- 2016: 25.5%
- 2021: 25.8%
Share of occupied private dwellings that are rented.
39.8% —
Higher than 74% of statistical area 2 (sa2) areas.
- 2016: 39.0%
- 2021: 39.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Colac, the largest group is Owned outright at 40%, followed by Owned with a mortgage (31%) and Rented (26%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are far more common here than across Australia, making up 88.1% of all homes. Most of these are large, with 79.6% having three or more bedrooms, which helps explain why there are only 0.7 people per bedroom—a figure much lower than most areas.
0.70 —
Lower than 99% of statistical area 2 (sa2) areas.
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
88.1% —
Higher than 59% of statistical area 2 (sa2) areas.
- 2016: 87.7%
- 2021: 88.1%
Share of occupied private dwellings that are separate houses.
79.6% —
Higher than 52% of statistical area 2 (sa2) areas.
- 2016: 77.0%
- 2021: 79.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Colac, Separate house is the majority at 88%; Townhouse / semi-detached is next at 11%.
Bedrooms per home
View on map →In Colac, 3 bedrooms is the majority at 54%; 4 bedrooms is next at 24%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Colac
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Colac [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/217031472/colac/topic/housing-dwellings