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Colac, Australia
Full City Profile
2.9
/5.0
C+
Fair
10,500
Population
7/sq mi density
456 ft
Elevation
139 meters
56°F
Avg Temperature
13°C
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$22,342 median income, 3.2% unemployment
C+
Affordability
3.0 / 5.0
$146,400 home value, $732/mo rent
Housing Overview
Median Home Value
$146,400
48% below
US avg: $281,900
Median Rent
$732/mo
37% below
US avg: $1,163/mo
Homeownership Rate
68.7%
5% above US avg (65.4%)
Total Housing Units
4,200
Ownership vs. Renting
68.7%
Owner-Occupied
31.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $146,400 |
Rent
| Census Median Rent | $732 |
Market
Ownership & Stock
| Owner-Occupied | 68.7% |
| Renter-Occupied | 31.3% |
| Homeownership Rate | 68.7% |
| Total Housing Units | 4,200 |