Postcode · Area profile
2023, NSW
2 km²
A high proportion of residents were born overseas, making postcode 2023 a diverse and worldly community. The area is marked by exceptional wealth and academic achievement, with over half of adults holding a university degree. This professional character is reflected in the high number of people working from home and the prevalence of luxury apartments. It is a highly walkable inner-city pocket where most residents live in flats and enjoy quick access to the city.
2023, NSW's schools draw a community as advantaged as its high household incomes suggest.
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The population is slightly older than the national figure, with a typical resident aged 39. While children under 15 make up 17.3% of the community, the number of seniors has risen to 17.1% since 2011.
International roots are common here, with 36.4% of people born overseas, a figure well above the national average. English, Australian, and Irish are the most common ancestries.
English is the main language for 78.8% of residents, though those using another language at home have increased to 17.1% since 2011. Mandarin and Cantonese are the most spoken non-English languages.
About a quarter of the community identifies as Jewish, while 33.8% are Christian. Those with no religion now make up 33.3% of the population, a significant rise since 2011.
This is one of the most qualified areas in the country, with 54.7% of adults holding a bachelor degree or higher. High school completion is also far above the state average at 86.8%.
Typical weekly family incomes are far above the national figure at $4,509. More than half of all households earn $3,000 or more per week, reflecting the high levels of professional qualifications.
Residents report very good health, with 20.2% having a long-term health condition, which is well below the national average. Only 2.3% of people need help with daily activities.
Volunteering is common here, with 20.7% of people giving their time, well above the national figure. About 26.5% of residents provide unpaid care for children.
Families with children make up 60.5% of households, and the typical home has 2.5 people. One-parent families are much less common here than in most other areas.
Apartments dominate the landscape, making up 61.4% of homes. Rent is very high, with a typical weekly payment of $650, and typical monthly mortgage payments are far above the state average at $3,900.
Working from home is very popular, with 54.1% of the workforce doing so. Most residents live within a 4-minute walk of public transport and have a very short 8-minute commute to the city.
The community is quite mobile, with 44.0% of residents moving house in the last five years. About 14.5% of the population arrived from overseas recently.
A high number of residents are working or looking for work, and 43.3% of the workforce are professionals. Unemployment is low at 3.2%.
The area ranks among the most advantaged in Australia, receiving the highest possible scores for overall advantage, education, and access to resources.
Described as a walker's paradise, 100% of homes are within a 15-minute walk of parks, public transport, and health services. This is despite the terrain having a relatively steep average slope.
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