$260 —
Lower than 78% of urban area areas.
- 2016: $250
- 2021: $260
Median weekly rent paid by households renting their home.
Colac · Urban Area
Housing & Dwellings in Colac
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define Colac, where typical monthly mortgage payments are well below the state and national figures. The town is dominated by large, detached family homes and a high proportion of residents who own their houses outright.
$260
—
- $150–$161: 1 area
- $161–$171: 0 areas
- $171–$182: 1 area
- $182–$193: 1 area
- $193–$204: 3 areas
- $204–$214: 0 areas
- $214–$225: 4 areas
- $225–$236: 2 areas
- $236–$246: 4 areas
- $246–$257: 8 areas
- $257–$268: 6 areas
- $268–$279: 5 areas
- $279–$289: 8 areas
- $289–$300: 6 areas
- $300–$311: 15 areas
- $311–$321: 5 areas
- $321–$332: 6 areas
- $332–$343: 3 areas
- $343–$354: 7 areas
- $354–$364: 3 areas
- $364–$375: 2 areas
- $375–$386: 7 areas
- $386–$396: 3 areas
- $396–$407: 3 areas
- $407–$418: 0 areas
- $418–$429: 2 areas
- $429–$439: 1 area
- $439–$450: 5 areas
All urban area areas, 2021. The marker is Colac — lower than 78% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $260, which is much lower than most areas and well below the national figure of $375. Monthly mortgage payments are also well below the Victorian average, sitting at $1,300 and having fallen by $200 since 2011.
$1,300 ▼ -13.3%
Lower than 71% of urban area areas.
- 2011: $1,500
- 2016: $1,419
- 2021: $1,300
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Colac, $200–$349 is the majority at 58%; Under $200 is next at 23%.
Monthly mortgage distribution
View on map →In Colac, $1,000–$1,799 is the majority at 52%; Under $1,000 is next at 26%.
Owning & renting
How homes are owned or rented.
Home ownership is strong, with 39.8% of people owning their place outright—a figure well above the Australian average. However, the share of households renting rose by 9.5 percentage points since 2011 to reach 25.8%.
25.8% ▲ +58.0%
Lower than 76% of urban area areas.
- 2011: 16.3%
- 2016: 27.1%
- 2021: 25.8%
Share of occupied private dwellings that are rented.
39.8% ▼ -6.1%
Higher than 80% of urban area areas.
- 2011: 42.4%
- 2016: 36.6%
- 2021: 39.8%
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 40%, followed by Owned with a mortgage (31%) and Rented (26%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are far more common here than across the state, making up 88.1% of all homes. Most are large, with 79.6% having three or more bedrooms, though the number of people per bedroom has fallen since 2011.
0.70 ▼ -36.4%
Lower than 99% of urban area areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
88.1% ▼ -5.8%
Higher than 78% of urban area areas.
- 2011: 93.5%
- 2016: 85.2%
- 2021: 88.1%
Share of occupied private dwellings that are separate houses.
79.6% ▼ -7.4%
Higher than 68% of urban area areas.
- 2011: 86.0%
- 2016: 75.2%
- 2021: 79.6%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Colac, Separate house is the majority at 88%; Townhouse / semi-detached is next at 11%.
Bedrooms per home
View on map →In Colac, 3 bedrooms is the majority at 54%; 4 bedrooms is next at 24%.
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/sua/2006/colac/topic/housing-dwellings