$285 —
Lower than 77% of statistical area 2 (sa2) areas.
- 2016: $245
- 2021: $285
Median weekly rent paid by households renting their home.
Otway · Statistical Area 2 (SA2)
Housing & Dwellings in Otway
Where and how people live — the homes, how they are held, and what they cost.
Nearly half of all homes in Otway are owned outright, a figure far above the national average. This is a place where housing is generally much more affordable than in other areas, with both typical rents and mortgage payments sitting well below state and national figures.
$285
—
- $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 Otway — lower than 77% of areas.
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $285 and the usual monthly mortgage payment is $1,387, both of which are well below the figures for Victoria and Australia. These costs have risen since 2016, with rent increasing by $40 and mortgage payments by $87.
$1,387 —
Lower than 80% of statistical area 2 (sa2) areas.
- 2016: $1,300
- 2021: $1,387
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Otway, the largest group is $200–$349 at 46%, followed by $350–$549 (29%) and Under $200 (22%).
Monthly mortgage distribution
View on map →Otway splits fairly evenly between $1,000–$1,799 (34%) and Under $1,000 (29%), with $1,800–$2,999 at 23%.
Owning & renting
How homes are owned or rented.
Home ownership is very high here, with 49.9% of homes owned outright, which is far above the national figure. Meanwhile, the share of households renting is lower than most areas and has fallen 4.6 points since 2016 to 19.5%.
19.5% —
Lower than 73% of statistical area 2 (sa2) areas.
- 2016: 24.1%
- 2021: 19.5%
Share of occupied private dwellings that are rented.
49.9% —
Higher than 95% of statistical area 2 (sa2) areas.
- 2016: 44.2%
- 2021: 49.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Otway, the largest group is Owned outright at 50%, followed by Owned with a mortgage (26%) and Rented (20%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 90.6% of the market, a figure far above the state and national averages. While 72.3% of homes have three or more bedrooms, the number of people per bedroom is a little below the national figure at 0.70.
0.70 —
Lower than 99% of statistical area 2 (sa2) areas.
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
90.6% —
Higher than 67% of statistical area 2 (sa2) areas.
- 2016: 89.1%
- 2021: 90.6%
Share of occupied private dwellings that are separate houses.
72.3% —
Lower than 69% of statistical area 2 (sa2) areas.
- 2016: 69.3%
- 2021: 72.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Otway, Separate house is the majority at 91%; Townhouse / semi-detached is next at 5%.
Bedrooms per home
View on map →In Otway, the largest group is 3 bedrooms at 49%, followed by 2 bedrooms (20%) and 4 bedrooms (19%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Otway
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Otway [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/217031476/otway/topic/housing-dwellings