2024, NSW · Postcode

Housing & Dwellings in 2024, NSW

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

Monthly home loan payments in postcode 2024 are among the highest for similar areas, often reaching $3,900. This is a high-cost housing market where a large portion of the population rents or carries significant debt. The area is dominated by smaller homes and apartments rather than large family houses.

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📍 2024, NSW, Postcode

Where 2024, NSW sits — Median rent (weekly)

$655 ▲ +36.5%
  • $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 2024, NSW — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
2024, NSW$655
Waverley $670
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $655, which is far above the national figure of $375. Those with mortgages face similar pressure, with the usual monthly payment of $3,900 sitting far above the New South Wales figure of $2,167.

$655 ▲ +36.5%

Higher than 99% of postcode areas.

  • 2011: $480
  • 2016: $600
  • 2021: $655

Median weekly rent paid by households renting their home.

$3,900 ▲ +28.6%

Higher than 99% of postcode areas.

  • 2011: $3,033
  • 2016: $3,200
  • 2021: $3,900

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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2024, NSW splits fairly evenly between $550–$749 (39%) and $750 or more (35%), with $350–$549 at 19%.

Monthly mortgage distribution

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In 2024, NSW, $3,000 or more is the majority at 63%; $1,800–$2,999 is next at 16%.

Owning & renting

How homes are owned or rented.

Renting is much more common here than in most areas, with 40.1% of households renting. This is well above the national figure of 30.6%, while the share of homes owned outright is a little below the Australian average.

40.1% ▼ -0.9%

Higher than 87% of postcode areas.

  • 2011: 40.5%
  • 2016: 41.1%
  • 2021: 40.1%

Share of occupied private dwellings that are rented.

28.6% ▼ -3.8%

Lower than 78% of postcode areas.

  • 2011: 29.8%
  • 2016: 28.5%
  • 2021: 28.6%

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

How homes are owned or rented

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In 2024, NSW, the largest group is Rented at 40%, followed by Owned outright (29%) and Owned with a mortgage (28%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Flats and apartments make up 51.4% of homes, meaning separate houses are far less common here than across Australia. Consequently, homes with three or more bedrooms are far below the state and national figures.

1.00 ▼ -16.7%

Higher than 93% of postcode areas.

  • 2011: 1.20
  • 2016: 1.00
  • 2021: 1.00

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

25.7% ▼ -13.0%

Lower than 96% of postcode areas.

  • 2011: 29.5%
  • 2016: 25.6%
  • 2021: 25.7%

Share of occupied private dwellings that are separate houses.

46.2% ▲ +9.1%

Lower than 94% of postcode areas.

  • 2011: 42.4%
  • 2016: 44.0%
  • 2021: 46.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 2024, NSW, Flat or apartment is the majority at 51%; Separate house is next at 26%.

Bedrooms per home

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In 2024, NSW, the largest group is 2 bedrooms at 39%, followed by 3 bedrooms (22%) and 4 bedrooms (18%).

Sources

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

More for 2024, NSW

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 2024, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2024/2024-nsw/topic/housing-dwellings