$750 ▲ +27.1%
Higher than 99% of postcode areas.
- 2011: $590
- 2016: $700
- 2021: $750
Median weekly rent paid by households renting their home.
2027, NSW · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly home loan payments of $3,500 make postcode 2027 one of the most expensive places to live in the country. This area is dominated by high costs for both buyers and renters, with a housing market that is far more expensive than the state and national figures.
All postcode areas, 2021. The marker is 2027, NSW — higher than 99% of areas.
| 2027, NSW | $750 |
|---|---|
| Woollahra | $695 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Renters typically pay $750 a week, which is far above the national figure of $375. This cost has risen by $160 since 2011, while typical monthly mortgage payments also climbed by $500 over the same period to reach $3,500.
$750 ▲ +27.1%
Higher than 99% of postcode areas.
Median weekly rent paid by households renting their home.
$3,500 ▲ +16.7%
Higher than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 2027, NSW, $750 or more is the majority at 51%; $550–$749 is next at 26%.
In 2027, NSW, $3,000 or more is the majority at 59%; $1,800–$2,999 is next at 17%.
How homes are owned or rented.
Renting is much more common here than in most areas, with 39.3% of households renting. At the same time, the 38.8% who own their homes outright is well above the New South Wales figure of 31.5%.
39.3% ▼ -2.8%
Higher than 86% of postcode areas.
Share of occupied private dwellings that are rented.
38.8% ▲ +0.0%
Lower than 51% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
2027, NSW splits fairly evenly between Rented (39%) and Owned outright (39%), with Owned with a mortgage at 18%.
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 78.8% of all homes, which helps explain why separate houses are far less common here than in the rest of Australia. Because of this, homes with three or more bedrooms are also far below the national average.
0.90 ▼ -18.2%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
9.1% ▼ -6.6%
Lower than 99% of postcode areas.
Share of occupied private dwellings that are separate houses.
42.7% ▲ +10.1%
Lower than 95% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 2027, NSW, Flat or apartment is the majority at 79%; Townhouse / semi-detached is next at 12%.
In 2027, NSW, the largest group is 2 bedrooms at 39%, followed by 3 bedrooms (32%) and 1 bedroom (16%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2027, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2027/2027-nsw/topic/housing-dwellings