2029, NSW · Postcode

Housing & Dwellings in 2029, NSW

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.

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📍 2029, NSW, Postcode

Where 2029, NSW sits — Median rent (weekly)

$630 ▲ +26.0%
  • $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 2029, NSW — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
2029, NSW$630
Woollahra $695
New South Wales $420
Australia $375

Housing costs

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.

  • 2011: $500
  • 2016: $600
  • 2021: $630

Median weekly rent paid by households renting their home.

$3,250 ▲ +12.7%

Higher than 99% of postcode areas.

  • 2011: $2,884
  • 2016: $3,000
  • 2021: $3,250

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 2029, NSW, the largest group is $550–$749 at 38%, followed by $750 or more (32%) and $350–$549 (25%).

Monthly mortgage distribution

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In 2029, NSW, $3,000 or more is the majority at 56%; $1,800–$2,999 is next at 21%.

Owning & renting

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.

  • 2011: 41.4%
  • 2016: 43.4%
  • 2021: 42.4%

Share of occupied private dwellings that are rented.

30.0% ▼ -1.8%

Lower than 75% of postcode areas.

  • 2011: 30.6%
  • 2016: 30.1%
  • 2021: 30.0%

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

How homes are owned or rented

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In 2029, NSW, the largest group is Rented at 42%, followed by Owned outright (30%) and Owned with a mortgage (24%).

Types of homes

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.

  • 2011: 1.20
  • 2016: 1.00
  • 2021: 0.90

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

20.6% ▼ -13.9%

Lower than 98% of postcode areas.

  • 2011: 23.9%
  • 2016: 21.6%
  • 2021: 20.6%

Share of occupied private dwellings that are separate houses.

46.0% ▲ +5.9%

Lower than 94% of postcode areas.

  • 2011: 43.4%
  • 2016: 45.0%
  • 2021: 46.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 2029, NSW, Flat or apartment is the majority at 69%; Separate house is next at 21%.

Bedrooms per home

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In 2029, NSW, the largest group is 2 bedrooms at 41%, followed by 3 bedrooms (28%) and 4 bedrooms (13%).

Sources

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

More for 2029, NSW

Cite this page

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