$630 ▲ +26.0%
Higher than 99% of postcode areas.
- 2011: $500
- 2016: $600
- 2021: $630
Median weekly rent paid by households renting their home.
2029, NSW · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $3,250 are far above the national figure in postcode 2029, making it one of the most expensive areas for housing. This high cost of living is reflected in a rental market that is significantly more expensive than the rest of the state and country.
All postcode areas, 2021. The marker is 2029, NSW — higher than 99% of areas.
| 2029, NSW | $630 |
|---|---|
| Woollahra | $695 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rents are far above the Australian figure at $630, having risen $130 since 2011. Similarly, the usual monthly home loan payment of $3,250 is well above the New South Wales average and has climbed $366 over the last decade.
$630 ▲ +26.0%
Higher than 99% of postcode areas.
Median weekly rent paid by households renting their home.
$3,250 ▲ +12.7%
Higher than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 2029, NSW, the largest group is $550–$749 at 38%, followed by $750 or more (32%) and $350–$549 (25%).
In 2029, NSW, $3,000 or more is the majority at 56%; $1,800–$2,999 is next at 21%.
How homes are owned or rented.
Renting is much more common here than in most areas, with 42.4% of households renting, which is far above the national figure of 30.6%. Meanwhile, 30% of homes are owned outright, a figure that has barely changed since 2011.
42.4% ▲ +2.4%
Higher than 88% of postcode areas.
Share of occupied private dwellings that are rented.
30.0% ▼ -1.8%
Lower than 75% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 2029, NSW, the largest group is Rented at 42%, followed by Owned outright (30%) and Owned with a mortgage (24%).
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 68.8% of the area, meaning separate houses are far less common here than across Australia. This shift is seen in the number of larger homes; those with three or more bedrooms are far below the state and national levels.
0.90 ▼ -25.0%
Higher than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
20.6% ▼ -13.9%
Lower than 98% of postcode areas.
Share of occupied private dwellings that are separate houses.
46.0% ▲ +5.9%
Lower than 94% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 2029, NSW, Flat or apartment is the majority at 69%; Separate house is next at 21%.
In 2029, NSW, the largest group is 2 bedrooms at 41%, followed by 3 bedrooms (28%) and 4 bedrooms (13%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2029, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2029/2029-nsw/topic/housing-dwellings