$540 ▲ +28.6%
Higher than 99% of council (lga) areas.
- 2011: $420
- 2016: $520
- 2021: $540
Median weekly rent paid by households renting their home.
Lane Cove · Council (LGA)
Where and how people live — the homes, how they are held, and what they cost.
More people are renting in Lane Cove than they were a decade ago, as the share of renters rose 6.6 percentage points since 2011. This shift comes alongside very high housing costs, with the typical monthly mortgage payment hitting $2,980. It is now a place where a majority of residents live in flats or apartments.
All council (lga) areas, 2021. The marker is Lane Cove — higher than 99% of areas.
| Lane Cove | $540 |
|---|---|
| Greater Sydney | $470 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
The typical weekly rent of $540 and monthly mortgage of $2,980 are both well above the New South Wales and national figures. Both costs have climbed since 2011, with weekly rents rising by $120.
$540 ▲ +28.6%
Higher than 99% of council (lga) areas.
Median weekly rent paid by households renting their home.
$2,980 ▲ +9.0%
Higher than 99% of council (lga) areas.
Median monthly mortgage repayment for households with a mortgage.
In Lane Cove, the largest group is $350–$549 at 42%, followed by $550–$749 (28%) and $750 or more (21%).
In Lane Cove, the largest group is $3,000 or more at 50%, followed by $1,800–$2,999 (30%) and $1,000–$1,799 (11%).
How homes are owned or rented.
Rental households make up 37.2% of the area, which is well above the state and national averages. Meanwhile, the share of homes owned outright is much lower than most areas and has fallen 5.5 percentage points since 2011.
37.2% ▲ +21.4%
Higher than 79% of council (lga) areas.
Share of occupied private dwellings that are rented.
27.8% ▼ -16.5%
Lower than 76% of council (lga) areas.
Share of occupied private dwellings owned outright (no mortgage).
Lane Cove splits fairly evenly between Rented (37%) and Owned with a mortgage (33%), with Owned outright at 28%.
Houses, townhouses, apartments and bedrooms.
Flats or apartments are the most common home type at 56.7%, which helps explain why separate houses are far less common here than in the rest of Australia. There are also far fewer large homes, with only 48.2% having three or more bedrooms.
1.00 ▼ -9.1%
Higher than 89% of council (lga) areas.
Average number of usual residents per bedroom — a crowding measure.
37.8% ▼ -24.1%
Lower than 96% of council (lga) areas.
Share of occupied private dwellings that are separate houses.
48.2% ▼ -13.5%
Lower than 95% of council (lga) areas.
Share of occupied private dwellings with three or more bedrooms.
In Lane Cove, Flat or apartment is the majority at 57%; Separate house is next at 38%.
In Lane Cove, the largest group is 2 bedrooms at 37%, followed by 3 bedrooms (23%) and 4 bedrooms (16%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lane Cove [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA14700/lane-cove/topic/housing-dwellings