$250 —
Lower than 60% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Cooma · Suburb / Locality
Housing & Dwellings in Cooma
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs make Cooma (Vic.) an affordable place to live. The typical monthly mortgage payment is just $1,473, which is well below the national figure. This affordability is paired with a very high rate of home ownership.
$250
—
- $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 Cooma — lower than 60% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are well below the Victorian and national figures at $250. Home loans are also more affordable here, with the usual monthly payment sitting $390 lower than the Australian average.
$1,473 —
Lower than 60% of suburb / locality areas.
- 2016: $1,387
- 2021: $1,473
Median monthly mortgage repayment for households with a mortgage.
Monthly mortgage distribution
View on map →In Cooma, $1,800–$2,999 is the majority at 100%.
Owning & renting
How homes are owned or rented.
A huge 74.2% of homes are owned outright, which is far above the national figure of 31%. Consequently, the 9.7% of households renting is far below the Victorian average.
9.7% —
Lower than 74% of suburb / locality areas.
- 2016: 8.3%
- 2021: 9.7%
Share of occupied private dwellings that are rented.
74.2% —
Higher than 99% of suburb / locality areas.
- 2016: 50.0%
- 2021: 74.2%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Cooma, Owned outright is the majority at 70%; Owned with a mortgage is next at 21%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Every single home in the area is a separate house, and 96.8% have three or more bedrooms. This explains why the number of people per bedroom is a little above the national figure.
0.90 —
Higher than 86% of suburb / locality areas.
- 2016: 0.80
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
- 2016: 100.0%
- 2021: 100.0%
Share of occupied private dwellings that are separate houses.
96.8% —
Higher than 93% of suburb / locality areas.
- 2016: 100.0%
- 2021: 96.8%
Share of occupied private dwellings with three or more bedrooms.
Bedrooms per home
View on map →In Cooma, 3 bedrooms is the majority at 70%; 4 bedrooms is next at 30%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Cooma
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cooma [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20625/cooma/topic/housing-dwellings