Colac · Suburb / Locality

Housing & Dwellings in Colac

Where and how people live — the homes, how they are held, and what they cost.

Weekly rents of just $260 make Colac well below the national figure. This is an affordable area where housing costs are significantly lower than in the rest of Victoria and Australia.

Open map →
📍 Colac, Suburb / Locality

Where Colac sits — Median rent (weekly)

$260 ▲ +44.4%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Colac — lower than 57% of areas.

Median rent (weekly) compared with the state and national average
Colac$260
3250, VIC $260
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly home loan payments are $1,213, which is well below the Victorian figure of $1,859. Weekly rents are also much lower than the national average, with over half of renters paying between $200 and $349.

$260 ▲ +44.4%

Lower than 57% of suburb / locality areas.

  • 2011: $180
  • 2016: $215
  • 2021: $260

Median weekly rent paid by households renting their home.

$1,213 ▲ +6.0%

Lower than 76% of suburb / locality areas.

  • 2011: $1,144
  • 2016: $1,170
  • 2021: $1,213

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

View on map →

In Colac, $200–$349 is the majority at 59%; Under $200 is next at 24%.

Monthly mortgage distribution

View on map →

In Colac, $1,000–$1,799 is the majority at 55%; Under $1,000 is next at 30%.

Owning & renting

How homes are owned or rented.

More people own their homes outright in Colac than in most other areas, sitting well above the national figure at 38.2%. About 30.1% of households rent, which is much higher than in similar areas.

30.1% ▲ +6.9%

Higher than 78% of suburb / locality areas.

  • 2011: 28.1%
  • 2016: 28.9%
  • 2021: 30.1%

Share of occupied private dwellings that are rented.

38.2% ▼ -1.9%

Lower than 59% of suburb / locality areas.

  • 2011: 39.0%
  • 2016: 37.6%
  • 2021: 38.2%

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

How homes are owned or rented

View on map →

In Colac, the largest group is Owned outright at 38%, followed by Rented (30%) and Owned with a mortgage (28%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are far more common here than across Australia, making up 85.9% of all homes. While 75.5% of dwellings have three or more bedrooms, there are slightly fewer people per bedroom than the state average.

0.70 ▼ -36.4%

Lower than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

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

85.9% ▼ 0.0%

Lower than 74% of suburb / locality areas.

  • 2011: 85.9%
  • 2016: 86.0%
  • 2021: 85.9%

Share of occupied private dwellings that are separate houses.

75.5% ▲ +2.3%

Lower than 61% of suburb / locality areas.

  • 2011: 73.8%
  • 2016: 73.8%
  • 2021: 75.5%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

View on map →

In Colac, Separate house is the majority at 86%; Townhouse / semi-detached is next at 13%.

Bedrooms per home

View on map →

In Colac, 3 bedrooms is the majority at 58%; 2 bedrooms is next at 18%.

Sources

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

More for Colac

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Colac [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20607/colac/topic/housing-dwellings