2023, NSW · Postcode

Housing & Dwellings in 2023, NSW

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.

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📍 2023, NSW, Postcode

Where 2023, NSW sits — Median rent (weekly)

$650 ▲ +28.0%
  • $0–$21: 2 areas
  • $21–$43: 7 areas
  • $43–$64: 16 areas
  • $64–$86: 26 areas
  • $86–$107: 46 areas
  • $107–$129: 61 areas
  • $129–$150: 47 areas
  • $150–$171: 171 areas
  • $171–$193: 114 areas
  • $193–$214: 200 areas
  • $214–$236: 158 areas
  • $236–$257: 184 areas
  • $257–$279: 120 areas
  • $279–$300: 112 areas
  • $300–$321: 226 areas
  • $321–$343: 117 areas
  • $343–$364: 171 areas
  • $364–$386: 161 areas
  • $386–$407: 165 areas
  • $407–$429: 127 areas
  • $429–$450: 58 areas
  • $450–$471: 102 areas
  • $471–$493: 45 areas
  • $493–$514: 38 areas
  • $514–$536: 20 areas
  • $536–$557: 26 areas
  • $557–$579: 13 areas
  • $579–$600: 74 areas

All postcode areas, 2021. The marker is 2023, NSW — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
2023, NSW$650
Woollahra $695
New South Wales $420
Australia $375

Housing costs

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.

  • 2011: $508
  • 2016: $625
  • 2021: $650

Median weekly rent paid by households renting their home.

$3,900 ▲ +20.0%

Higher than 99% of postcode areas.

  • 2011: $3,250
  • 2016: $3,000
  • 2021: $3,900

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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2023, NSW splits fairly evenly between $550–$749 (36%) and $750 or more (35%), with $350–$549 at 24%.

Monthly mortgage distribution

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In 2023, NSW, $3,000 or more is the majority at 63%; $1,800–$2,999 is next at 17%.

Owning & renting

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.

  • 2011: 33.9%
  • 2016: 33.4%
  • 2021: 33.2%

Share of occupied private dwellings that are rented.

35.4% ▼ -1.9%

Lower than 61% of postcode areas.

  • 2011: 36.1%
  • 2016: 35.0%
  • 2021: 35.4%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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2023, NSW splits fairly evenly between Owned outright (35%) and Rented (33%), with Owned with a mortgage at 29%.

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

33.8% ▼ -11.1%

Lower than 94% of postcode areas.

  • 2011: 38.1%
  • 2016: 33.9%
  • 2021: 33.8%

Share of occupied private dwellings that are separate houses.

57.4% ▲ +1.5%

Lower than 89% of postcode areas.

  • 2011: 56.6%
  • 2016: 56.1%
  • 2021: 57.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 2023, NSW, Flat or apartment is the majority at 62%; Separate house is next at 34%.

Bedrooms per home

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In 2023, NSW, the largest group is 2 bedrooms at 34%, followed by 3 bedrooms (28%) and 4 bedrooms (17%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 2023, NSW

Cite this page

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