$231 —
Lower than 66% of urban centre areas.
Median weekly rent paid by households renting their home.
Omeo · Urban Centre
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.
All urban centre areas, 2021. The marker is Omeo — lower than 66% of areas.
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.
$231 —
Lower than 66% of urban centre areas.
Median weekly rent paid by households renting their home.
$1,127 ▼ -2.0%
Lower than 69% of urban centre areas.
Median monthly mortgage repayment for households with a mortgage.
In Omeo, $200–$349 is the majority at 100%.
In Omeo, $1,000–$1,799 is the majority at 55%; Under $1,000 is next at 27%.
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.
Share of occupied private dwellings that are rented.
43.8% ▲ +121.1%
Higher than 64% of urban centre areas.
Share of occupied private dwellings owned outright (no mortgage).
In Omeo, the largest group is Owned outright at 44%, followed by Owned with a mortgage (35%) and Rented (15%).
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.
Average number of usual residents per bedroom — a crowding measure.
96.9% ▼ -3.1%
Higher than 69% of urban centre areas.
Share of occupied private dwellings that are separate houses.
68.8% ▼ -9.9%
Lower than 79% of urban centre areas.
Share of occupied private dwellings with three or more bedrooms.
In Omeo, Separate house is the majority at 96%; Other dwelling is next at 4%.
In Omeo, the largest group is 3 bedrooms at 49%, followed by 2 bedrooms (18%) and 4 bedrooms (17%).
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