$231 —
Lower than 88% of statistical area 2 (sa2) areas.
- 2016: $150
- 2021: $231
Median weekly rent paid by households renting their home.
Corangamite - South · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most areas define Corangamite - South, where the typical monthly mortgage is just $1,200. This is a place where a huge majority of people live in separate houses and many own their homes outright. The housing landscape is far more affordable and spacious than the state and national figures.
All statistical area 2 (sa2) areas, 2021. The marker is Corangamite - South — lower than 88% of areas.
Rents, mortgages and crowding.
Typical weekly rents are far below the national figure at $231, though this has risen by $81 since 2016. Monthly mortgage payments are also well below the state and national averages, sitting at $1,200 and remaining steady since 2016.
$231 —
Lower than 88% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,200 —
Lower than 89% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Corangamite - South, $200–$349 is the majority at 56%; Under $200 is next at 34%.
Corangamite - South splits fairly evenly between Under $1,000 (38%) and $1,000–$1,799 (35%), with $1,800–$2,999 at 15%.
How homes are owned or rented.
A far higher proportion of people own their homes outright here than in most areas, at 44.2%. Meanwhile, the share of households renting is far below the national figure and has fallen by 5.4 points since 2016.
17.1% —
Lower than 80% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
44.2% —
Higher than 86% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Corangamite - South, the largest group is Owned outright at 44%, followed by Owned with a mortgage (30%) and Rented (17%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 96.6% of homes, which is far above the state and national figures. Most homes are large, with 85.8% having three or more bedrooms, and the number of people per bedroom is a little below the national average.
0.70 —
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
96.6% —
Higher than 89% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
85.8% —
Higher than 70% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Corangamite - South, Separate house is the majority at 97%; Townhouse / semi-detached is next at 3%.
In Corangamite - South, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 30%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Corangamite - South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/217031475/corangamite-south/topic/housing-dwellings