Omeo Suburb Profile
Victoria 3898

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Omeo has 652 properties. Over the last 5 years, Houses in Omeo have seen a 97.23% increase in median value, while Units have seen a 234.79% increase. As at 31 July 2024:

  • The median value for Houses in Omeo is $389,231 while the median value for Units is $347,036.
  • Houses have a median rent of $220.
There are currently 5 properties listed for sale, and 1 property listed for rent in Omeo on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Omeo.

The size of Omeo is approximately 587.9 square kilometres. It has 6 parks covering nearly 87.8% of total area. The population of Omeo in 2011 was 488 people. By 2016 the population was 388 showing a population decline of 20.5% in the area during that time. The predominant age group in Omeo is 60-69 years. Households in Omeo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Omeo work in a managers occupation. In 2011, 69.6% of the homes in Omeo were owner-occupied compared with 70.3% in 2016.

Suburb Insights for OMEO 3898

Market Insights
Omeo Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Omeo Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 388

0-9

 

12%

10-19

 

10%

20-29

 

10%

30-39

 

7%

40-49

 

11%

50-59

 

15%

60-69

 

17%

70-79

 

10%

80-89

 

3%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 08/09/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.