Colac Otway Council
- There are around 22,405 residents living in Colac Otway Council
- Most residents are other, with 30% aged 60+ years old
- Majority of homes are detached houses lived in by outright owners
Property price trends
These median prices may indicate the common property values in this area and how they have changed over the last 5 years. Source: CoreLogic
$608,365
House median sale price
0.8% Decline
L
ast 12 months
$445,863
Unit median sale price
3% Decline
L
ast 12 months
Median price trend
This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.
Showing the trend for house prices over the last 5 years. Source: CoreLogic
Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
62 Days
House median days on market
86 Days
Unit median days on market
345 Properties
Sold in last 12 months
292 Properties
Available in the last month
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Colac Otway Council residents
Key characteristics of the residents in the area, open the breakdown to see more detail for each category.
60+
Is the most common age range
Outright Owners
Most common occupant type
Other
Most common household profile
Labourers
Most common occupation
Detached Houses
Most common property type
Occupant status
This may indicate the likelihood of long term residence as owners are less likely to move. The most common are outright owners.
9,600
Total properties
Outright Owners
(41%)
Mortgaged Owners
(30%)
Renters
(20%)
Other
(9%)
Community Housing
(1%)
Property types
This may indicate the likelihood of you finding your ideal property type in the area. The most common are detached houses.
12,471
Total properties
Detached Houses
(90%)
Townhouses
(7%)
Other
(2%)
Apartments
(1%)
Age ranges
This may indicate what stage of life these residents are at. The most common is 60+.
Under 18
19-30
31-40
41-50
51-60
60+
Household profiles
This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is other.
Lone Parents
Couples
Families
Singles
Other
Individual yearly income
This may indicate the affluence of individuals in the area. The average income band is $0k - $34k per year.
15,980
individuals
$0k - $34k
(43%)
$35k - $78k
(42%)
$79k - $103k
(9%)
$104k - $182k
(5%)
$182k+
(2%)
Occupations
The top 5 occupations in Colac Otway Council.
1
2
3
4
5
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Median House: $1,237,510
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Median House: $1,287,397
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