$580 ▲ +26.1%
Higher than 98% of postcode areas.
- 2011: $460
- 2016: $570
- 2021: $580
Median weekly rent paid by households renting their home.
2031, NSW · Postcode
Housing & Dwellings in 2031, NSW
Where and how people live — the homes, how they are held, and what they cost.
Apartments make up 65.3% of homes in postcode 2031, making it a high-density area where housing is notably expensive. Renting is very common here, while the typical costs for both rent and mortgages are far above the national figures.
$580
▲ +26.1%
- $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 2031, NSW — higher than 98% of areas.
| 2031, NSW | $580 |
|---|---|
| Randwick | $550 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Housing is costly in this area, with the typical weekly rent of $580 and typical monthly mortgage payment of $3,163 both sitting among the highest for similar areas. Since 2011, monthly mortgage payments have risen by $563 and weekly rents have climbed by $120.
$3,163 ▲ +21.7%
Higher than 99% of postcode areas.
- 2011: $2,600
- 2016: $2,800
- 2021: $3,163
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 2031, NSW, the largest group is $550–$749 at 41%, followed by $350–$549 (31%) and $750 or more (20%).
Monthly mortgage distribution
View on map →In 2031, NSW, $3,000 or more is the majority at 56%; $1,800–$2,999 is next at 22%.
Owning & renting
How homes are owned or rented.
Renting is far more common here than in the rest of the state, with 48.7% of households renting. Conversely, the share of homes owned outright is 24.5%, which is well below the national figure of 31.0%.
48.7% ▲ +4.3%
Higher than 91% of postcode areas.
- 2011: 46.7%
- 2016: 49.0%
- 2021: 48.7%
Share of occupied private dwellings that are rented.
24.5% ▼ -1.5%
Lower than 86% of postcode areas.
- 2011: 24.9%
- 2016: 24.3%
- 2021: 24.5%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 2031, NSW, the largest group is Rented at 49%, followed by Owned outright (25%) and Owned with a mortgage (24%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses are rare here, making up only 15.3% of homes, which is far below the national figure of 72.3%. With only 36.5% of homes having three or more bedrooms, the area is much more crowded than most, with 1.00 person per bedroom.
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.
15.3% ▼ -18.1%
Lower than 99% of postcode areas.
- 2011: 18.7%
- 2016: 15.4%
- 2021: 15.3%
Share of occupied private dwellings that are separate houses.
36.5% ▲ +2.7%
Lower than 98% of postcode areas.
- 2011: 35.5%
- 2016: 35.7%
- 2021: 36.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 2031, NSW, Flat or apartment is the majority at 65%; Townhouse / semi-detached is next at 17%.
Bedrooms per home
View on map →In 2031, NSW, the largest group is 2 bedrooms at 49%, followed by 3 bedrooms (22%) and 1 bedroom (14%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 2031, NSW
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2031, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2031/2031-nsw/topic/housing-dwellings