$250 —
Lower than 86% of sub-region (sa3) areas.
- 2016: $200
- 2021: $250
Median weekly rent paid by households renting their home.
Colac - Corangamite · Sub-region (SA3)
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs mark Colac - Corangamite, where the typical weekly rent is just $250. This is well below the national and state figures. It is an area where home ownership is very common and the typical household lives in a large, separate house.
All sub-region (sa3) areas, 2021. The marker is Colac - Corangamite — lower than 86% of areas.
| Colac - Corangamite | $250 |
|---|---|
| Rest of Vic. | $285 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are $250, which is well below the Victorian figure of $370. Mortgage payments are also much lower than most areas, with the typical monthly payment of $1,300 sitting well below the national figure of $1,863.
$250 —
Lower than 86% of sub-region (sa3) areas.
Median weekly rent paid by households renting their home.
$1,300 —
Lower than 86% of sub-region (sa3) areas.
Median monthly mortgage repayment for households with a mortgage.
In Colac - Corangamite, $200–$349 is the majority at 57%; Under $200 is next at 27%.
In Colac - Corangamite, the largest group is $1,000–$1,799 at 43%, followed by Under $1,000 (33%) and $1,800–$2,999 (17%).
How homes are owned or rented.
Home ownership is very high here, with 44.3% of homes owned outright, a figure far above the national average. This helps explain why the share of households renting is much lower than most areas at 19.8%.
19.8% —
Lower than 85% of sub-region (sa3) areas.
Share of occupied private dwellings that are rented.
44.3% —
Higher than 91% of sub-region (sa3) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Colac - Corangamite, the largest group is Owned outright at 44%, followed by Owned with a mortgage (30%) and Rented (20%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 93% of all homes, which is far above the Victorian average. Most of these are large, with 80.2% of homes having three or more bedrooms, though there are fewer people per bedroom than in most other areas.
0.70 —
Lower than 99% of sub-region (sa3) areas.
Average number of usual residents per bedroom — a crowding measure.
93.0% —
Higher than 86% of sub-region (sa3) areas.
Share of occupied private dwellings that are separate houses.
80.2% —
Higher than 64% of sub-region (sa3) areas.
Share of occupied private dwellings with three or more bedrooms.
In Colac - Corangamite, Separate house is the majority at 93%; Townhouse / semi-detached is next at 6%.
In Colac - Corangamite, 3 bedrooms is the majority at 52%; 4 bedrooms is next at 25%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Colac - Corangamite [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa3/21703/colac-corangamite/topic/housing-dwellings