$420 ▲ +52.7%
Higher than 86% of suburb / locality areas.
- 2011: $275
- 2016: $340
- 2021: $420
Median weekly rent paid by households renting their home.
Ocean Grove · Suburb / Locality
Housing & Dwellings in Ocean Grove
Where and how people live — the homes, how they are held, and what they cost.
Separate houses make up 93.4% of the market in Ocean Grove, far exceeding the national figure. This is a high-cost area where most people live in large, detached homes. The typical monthly mortgage and weekly rent are both much higher than in most similar areas.
$420
▲ +52.7%
- $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 Ocean Grove — higher than 86% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $420, which is a little above the state and national figures. Monthly mortgage payments are also high, with the typical household paying $2,000, a figure much higher than most areas.
$2,000 ▲ +23.1%
Higher than 72% of suburb / locality areas.
- 2011: $1,625
- 2016: $1,733
- 2021: $2,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Ocean Grove, $350–$549 is the majority at 63%; $200–$349 is next at 20%.
Monthly mortgage distribution
View on map →In Ocean Grove, the largest group is $1,800–$2,999 at 42%, followed by $1,000–$1,799 (27%) and $3,000 or more (17%).
Owning & renting
How homes are owned or rented.
Far more people own their homes outright here than in the rest of Victoria or Australia, accounting for 41.1% of households. Meanwhile, the share of renters is far below the national average at 18.5%.
18.5% ▼ -17.2%
Higher than 55% of suburb / locality areas.
- 2011: 22.3%
- 2016: 21.5%
- 2021: 18.5%
Share of occupied private dwellings that are rented.
41.1% ▲ +6.4%
Higher than 50% of suburb / locality areas.
- 2011: 38.6%
- 2016: 38.5%
- 2021: 41.1%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →Ocean Grove splits fairly evenly between Owned outright (41%) and Owned with a mortgage (37%), with Rented at 19%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Homes here are generally larger than average, with 86.6% having three or more bedrooms. Because separate houses are so dominant and rooms are plentiful, there are fewer people per bedroom than in most other areas.
0.70 ▼ -30.0%
Lower than 86% of suburb / locality areas.
- 2011: 1.00
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
93.4% ▲ +2.8%
Lower than 60% of suburb / locality areas.
- 2011: 90.9%
- 2016: 89.8%
- 2021: 93.4%
Share of occupied private dwellings that are separate houses.
86.6% ▲ +1.7%
Higher than 69% of suburb / locality areas.
- 2011: 85.1%
- 2016: 86.1%
- 2021: 86.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Ocean Grove, Separate house is the majority at 93%; Townhouse / semi-detached is next at 6%.
Bedrooms per home
View on map →In Ocean Grove, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (36%) and 2 bedrooms (11%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Ocean Grove
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Ocean Grove [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22005/ocean-grove/topic/housing-dwellings