Corangamite - South · Statistical Area 2 (SA2)

Housing & Dwellings in Corangamite - South

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.

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📍 Corangamite - South, Statistical Area 2 (SA2)

Where Corangamite - South sits — Median rent (weekly)

$231
  • $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 Corangamite - South — lower than 88% of areas.

Median rent (weekly) compared with the state and national average
Corangamite - South$231
3267, VIC $260
Victoria $370
Australia $375

Housing costs

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.

  • 2016: $150
  • 2021: $231

Median weekly rent paid by households renting their home.

$1,200

Lower than 89% of statistical area 2 (sa2) areas.

  • 2016: $1,200
  • 2021: $1,200

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Corangamite - South, $200–$349 is the majority at 56%; Under $200 is next at 34%.

Monthly mortgage distribution

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Corangamite - South splits fairly evenly between Under $1,000 (38%) and $1,000–$1,799 (35%), with $1,800–$2,999 at 15%.

Owning & renting

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.

  • 2016: 22.5%
  • 2021: 17.1%

Share of occupied private dwellings that are rented.

44.2%

Higher than 86% of statistical area 2 (sa2) areas.

  • 2016: 41.8%
  • 2021: 44.2%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Corangamite - South, the largest group is Owned outright at 44%, followed by Owned with a mortgage (30%) and Rented (17%).

Types of homes

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.

  • 2016: 0.80
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

96.6%

Higher than 89% of statistical area 2 (sa2) areas.

  • 2016: 95.9%
  • 2021: 96.6%

Share of occupied private dwellings that are separate houses.

85.8%

Higher than 70% of statistical area 2 (sa2) areas.

  • 2016: 84.4%
  • 2021: 85.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Corangamite - South, Separate house is the majority at 97%; Townhouse / semi-detached is next at 3%.

Bedrooms per home

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In Corangamite - South, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 30%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Corangamite - South

Cite this page

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