$650 ▲ +28.0%
Higher than 99% of postcode areas.
- 2011: $508
- 2016: $625
- 2021: $650
Median weekly rent paid by households renting their home.
2023, NSW · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $3,900 make postcode 2023 one of the most expensive places to live in the region. The area is largely dominated by high costs and a high number of apartments, with typical weekly rents reaching $650. This combination of expensive housing and a high proportion of renters shapes the local living experience.
All postcode areas, 2021. The marker is 2023, NSW — higher than 99% of areas.
| 2023, NSW | $650 |
|---|---|
| Woollahra | $695 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rents are far above the national figure of $375, and the usual monthly mortgage payment of $3,900 is far above the New South Wales figure of $2,167. Both costs have risen since 2011, with typical rents increasing by $142 per week.
$650 ▲ +28.0%
Higher than 99% of postcode areas.
Median weekly rent paid by households renting their home.
$3,900 ▲ +20.0%
Higher than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
2023, NSW splits fairly evenly between $550–$749 (36%) and $750 or more (35%), with $350–$549 at 24%.
In 2023, NSW, $3,000 or more is the majority at 63%; $1,800–$2,999 is next at 17%.
How homes are owned or rented.
Around 35.4% of homes are owned outright, which is well above the national figure of 31%. Meanwhile, 33.2% of households are renting, a rate that is much higher than most other similar areas.
33.2% ▼ -1.9%
Higher than 78% of postcode areas.
Share of occupied private dwellings that are rented.
35.4% ▼ -1.9%
Lower than 61% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
2023, NSW splits fairly evenly between Owned outright (35%) and Rented (33%), with Owned with a mortgage at 29%.
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 61.4% of homes, which explains why separate houses are far less common here than across Australia. The number of homes with three or more bedrooms is also far below the national figure.
0.90 ▼ -18.2%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
33.8% ▼ -11.1%
Lower than 94% of postcode areas.
Share of occupied private dwellings that are separate houses.
57.4% ▲ +1.5%
Lower than 89% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 2023, NSW, Flat or apartment is the majority at 62%; Separate house is next at 34%.
In 2023, NSW, the largest group is 2 bedrooms at 34%, followed by 3 bedrooms (28%) and 4 bedrooms (17%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2023, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2023/2023-nsw/topic/housing-dwellings