$200 —
Lower than 93% of statistical area 2 (sa2) areas.
- 2016: $150
- 2021: $200
Median weekly rent paid by households renting their home.
Corangamite - North · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Nearly half of all homes in Corangamite - North are owned outright, which is far above the national figure. This makes it an area where housing is notably more affordable than in most of the state. Most residents live in large, detached houses and pay much lower costs for rent and mortgages.
All statistical area 2 (sa2) areas, 2021. The marker is Corangamite - North — lower than 93% of areas.
Rents, mortgages and crowding.
Typical weekly rent is just $200, far below the same figure for Victoria and Australia. Home loan payments are also much lower than usual, with the typical monthly payment sitting at $1,000.
$200 —
Lower than 93% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,000 —
Lower than 96% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Corangamite - North, $200–$349 is the majority at 58%; Under $200 is next at 39%.
In Corangamite - North, the largest group is Under $1,000 at 49%, followed by $1,000–$1,799 (34%) and $1,800–$2,999 (9%).
How homes are owned or rented.
Owning a home outright is common here, accounting for 46.7% of households, which is far above the Victorian average. Meanwhile, the share of households renting fell to 17.3% in 2021, a figure much lower than most other areas.
17.3% —
Lower than 80% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
46.7% —
Higher than 90% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Corangamite - North, the largest group is Owned outright at 47%, followed by Owned with a mortgage (29%) and Rented (17%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 95.3% of all homes, far above the national figure. These homes are generally large, with 78.5% having three or more bedrooms, though there are fewer people per bedroom than in most other areas.
0.70 —
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
95.3% —
Higher than 84% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
78.5% —
Lower than 52% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Corangamite - North, Separate house is the majority at 96%; Townhouse / semi-detached is next at 4%.
In Corangamite - North, 3 bedrooms is the majority at 51%; 4 bedrooms is next at 24%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Corangamite - North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/217031474/corangamite-north/topic/housing-dwellings