$230 ▲ +4.5%
Lower than 66% of suburb / locality areas.
- 2011: $220
- 2016: $200
- 2021: $230
Median weekly rent paid by households renting their home.
Colac West · Suburb / Locality
Housing & Dwellings in Colac West
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs make Colac West an affordable place to live. A typical weekly rent is just $230, and home loan payments are well below the national figure. This affordability is matched by a high number of renters, who make up 43.8% of households.
$230
▲ +4.5%
- $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 West — lower than 66% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $230, which is far below the national figure of $375. Similarly, the usual monthly home-loan payment of $1,300 is well below both the state and national averages.
$1,300 ▲ +30.4%
Lower than 71% of suburb / locality areas.
- 2011: $997
- 2016: $1,200
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Colac West, $200–$349 is the majority at 100%.
Monthly mortgage distribution
View on map →In Colac West, Under $1,000 is the majority at 100%.
Owning & renting
How homes are owned or rented.
Renting is very common here, with 43.8% of households renting, which is far above the Victorian average of 28.5%. Meanwhile, those who own their homes outright make up only 18.8%, among the lowest proportions for similar areas.
43.8% ▲ +337.5%
Higher than 89% of suburb / locality areas.
- 2011: 10.0%
- 2016: 31.0%
- 2021: 43.8%
Share of occupied private dwellings that are rented.
18.8% ▼ -60.9%
Lower than 91% of suburb / locality areas.
- 2011: 48.0%
- 2016: 41.4%
- 2021: 18.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Colac West, Rented is the majority at 52%; Owned with a mortgage is next at 26%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 78.1% of the stock, which is well above the national figure of 72.3%. However, there are fewer large homes here, as the 68.8% of dwellings with three or more bedrooms is well below the state average.
0.90 ▼ -10.0%
Higher than 86% of suburb / locality areas.
- 2011: 1.00
- 2016: 1.00
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
78.1% ▼ -21.9%
Lower than 82% of suburb / locality areas.
- 2011: 100.0%
- 2016: 69.0%
- 2021: 78.1%
Share of occupied private dwellings that are separate houses.
68.8% ▼ -19.8%
Lower than 74% of suburb / locality areas.
- 2011: 85.7%
- 2016: 82.8%
- 2021: 68.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Colac West, Separate house is the majority at 89%; Other dwelling is next at 11%.
Bedrooms per home
View on map →In Colac West, 3 bedrooms is the majority at 55%; 4 bedrooms is next at 45%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Colac West
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Colac West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20610/colac-west/topic/housing-dwellings