# Housing & Dwellings — Randwick

Where and how people live — the homes, how they are held, and what they cost.

Area: Randwick (Council (LGA))

Typical monthly mortgage payments of $3,033 are among the highest for areas like Randwick. This is a high-cost housing market where renting is far more common than in most other parts of the country. Most people live in apartments, and the typical costs for both buying and renting are well above national figures.

Weekly rent is well above the national figure at $550, and the typical monthly home loan payment of $3,033 is far above the Australian average. Both have risen since 2011, with mortgage payments climbing by $433.

Apartments are the most common home type at 55.5%, which helps explain why separate houses are far less common than across Australia. Because of these smaller homes, the number of people per bedroom is well above the national figure.

Renting is far more common here than in the rest of the state, with 46.4% of households renting. Meanwhile, the share of homes owned outright is well below the national figure at 26.9%.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Median rent (weekly) | $550 | +25.0% since 2011 |
| Median mortgage repayment (monthly) | $3,033 | +16.7% since 2011 |
| Average people per bedroom | 1.00 | -16.7% since 2011 |
| Households renting | 46.4% | +3.4% since 2011 |
| Homes owned outright | 26.9% | -2.5% since 2011 |
| Separate (detached) houses | 26.8% | -12.3% since 2011 |
| Homes with three or more bedrooms | 46.7% | +2.8% since 2011 |

**How homes are owned or rented** — Rented 46.4%, Owned outright 26.9%, Owned with a mortgage 23.7%, Other tenure 1.7%, Not stated 1.2%

**Types of homes** — Flat or apartment 55.5%, Separate house 26.8%, Townhouse / semi-detached 16.7%, Other dwelling 0.9%

**Bedrooms per home** — 2 bedrooms 38.9%, 3 bedrooms 26.1%, 4 bedrooms 14.3%, 1 bedroom 12.1%, 5 or more 6.3%, Studio / none 1.1%

**Weekly rent distribution** — $550–$749 31.2%, $350–$549 28.7%, $750 or more 19.7%, Under $200 10.3%, $200–$349 7.1%

**Monthly mortgage distribution** — $3,000 or more 50.0%, $1,800–$2,999 20.7%, Under $1,000 11.1%, $1,000–$1,799 11.0%

Interactive: https://censusatlas.au/region/lga/LGA16550/randwick/topic/housing-dwellings