$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.
Colac · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Colac — lower than 57% of areas.
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.
Median weekly rent paid by households renting their home.
$1,213 ▲ +6.0%
Lower than 76% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Colac, $200–$349 is the majority at 59%; Under $200 is next at 24%.
In Colac, $1,000–$1,799 is the majority at 55%; Under $1,000 is next at 30%.
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.
Share of occupied private dwellings that are rented.
38.2% ▼ -1.9%
Lower than 59% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Colac, the largest group is Owned outright at 38%, followed by Rented (30%) and Owned with a mortgage (28%).
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.
Average number of usual residents per bedroom — a crowding measure.
85.9% ▼ 0.0%
Lower than 74% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
75.5% ▲ +2.3%
Lower than 61% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Colac, Separate house is the majority at 86%; Townhouse / semi-detached is next at 13%.
In Colac, 3 bedrooms is the majority at 58%; 2 bedrooms is next at 18%.
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