Omeo · Urban Centre

Housing & Dwellings in Omeo

Where and how people live — the homes, how they are held, and what they cost.

Much lower housing costs make Omeo a more affordable place to live compared to the rest of the state. Many residents own their homes outright, with the typical monthly mortgage payment sitting far below the national figure.

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📍 Omeo, Urban Centre

Where Omeo sits — Median rent (weekly)

$231
  • $0–$21: 2 areas
  • $21–$43: 6 areas
  • $43–$64: 18 areas
  • $64–$86: 38 areas
  • $86–$107: 35 areas
  • $107–$129: 46 areas
  • $129–$150: 25 areas
  • $150–$171: 104 areas
  • $171–$193: 82 areas
  • $193–$214: 143 areas
  • $214–$236: 130 areas
  • $236–$257: 175 areas
  • $257–$279: 114 areas
  • $279–$300: 125 areas
  • $300–$321: 194 areas
  • $321–$343: 101 areas
  • $343–$364: 128 areas
  • $364–$386: 82 areas
  • $386–$407: 92 areas
  • $407–$429: 41 areas
  • $429–$450: 24 areas
  • $450–$471: 32 areas
  • $471–$493: 13 areas
  • $493–$514: 19 areas
  • $514–$536: 14 areas
  • $536–$557: 9 areas
  • $557–$579: 6 areas
  • $579–$600: 15 areas

All urban centre areas, 2021. The marker is Omeo — lower than 66% of areas.

Median rent (weekly) compared with the state and national average
Omeo$231
3898, VIC $231
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $231, which is far below the Australian figure of $375. Mortgage repayments are also much lower than in most areas, with the typical monthly payment of $1,127 falling slightly since 2011.

$1,127 ▼ -2.0%

Lower than 69% of urban centre areas.

  • 2011: $1,150
  • 2016: $1,668
  • 2021: $1,127

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Omeo, $200–$349 is the majority at 100%.

Monthly mortgage distribution

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In Omeo, $1,000–$1,799 is the majority at 55%; Under $1,000 is next at 27%.

Owning & renting

How homes are owned or rented.

Home ownership is strong here, with 43.8% of homes owned outright—a figure far above the Victorian average. Meanwhile, only 14.6% of households rent, which is far below the national rate of 30.6%.

14.6% ▲ +55.6%

Lower than 73% of urban centre areas.

  • 2011: 9.4%
  • 2016: 7.0%
  • 2021: 14.6%

Share of occupied private dwellings that are rented.

43.8% ▲ +121.1%

Higher than 64% of urban centre areas.

  • 2011: 19.8%
  • 2016: 35.2%
  • 2021: 43.8%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Omeo, the largest group is Owned outright at 44%, followed by Owned with a mortgage (35%) and Rented (15%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 96.9% of the local market, which is far above the national figure of 72.3%. While most homes have three or more bedrooms, this has fallen slightly since 2011 and remains well below the state average.

0.70 ▼ -36.4%

Lower than 86% of urban centre areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

96.9% ▼ -3.1%

Higher than 69% of urban centre areas.

  • 2011: 100.0%
  • 2016: 98.6%
  • 2021: 96.9%

Share of occupied private dwellings that are separate houses.

68.8% ▼ -9.9%

Lower than 79% of urban centre areas.

  • 2011: 76.3%
  • 2016: 91.5%
  • 2021: 68.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Omeo, Separate house is the majority at 96%; Other dwelling is next at 4%.

Bedrooms per home

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In Omeo, the largest group is 3 bedrooms at 49%, followed by 2 bedrooms (18%) and 4 bedrooms (17%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Omeo

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Omeo [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ucl/UCL222067/omeo/topic/housing-dwellings