$615 ▲ +35.2%
Higher than 99% of postcode areas.
- 2011: $455
- 2016: $577
- 2021: $615
Median weekly rent paid by households renting their home.
2034, NSW · Postcode
Housing & Dwellings in 2034, NSW
Where and how people live — the homes, how they are held, and what they cost.
A huge gap exists between the costs of housing in postcode 2034 and the rest of the country, with typical rents and mortgages far exceeding national figures. This high-cost environment is paired with a very high proportion of renters and a landscape dominated by apartments. It is an area where few people own their homes outright compared to other parts of Australia.
$615
▲ +35.2%
- $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 2034, NSW — higher than 99% of areas.
| 2034, NSW | $615 |
|---|---|
| Randwick | $550 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents of $615 and monthly mortgage payments of $3,400 are both among the highest for similar areas. These figures are well above the New South Wales averages, with rent rising by $160 and mortgage payments by $692 since 2011.
$3,400 ▲ +25.6%
Higher than 99% of postcode areas.
- 2011: $2,708
- 2016: $2,817
- 2021: $3,400
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 2034, NSW, the largest group is $550–$749 at 37%, followed by $750 or more (28%) and $350–$549 (18%).
Monthly mortgage distribution
View on map →In 2034, NSW, $3,000 or more is the majority at 59%; $1,800–$2,999 is next at 19%.
Owning & renting
How homes are owned or rented.
More than half of all households here rent, which is far above the national figure of 30.6%. Meanwhile, the 23.4% of homes owned outright is well below both the state and national averages.
52.4% ▲ +0.3%
Higher than 93% of postcode areas.
- 2011: 52.3%
- 2016: 52.5%
- 2021: 52.4%
Share of occupied private dwellings that are rented.
23.4% ▼ 0.0%
Lower than 87% of postcode areas.
- 2011: 23.4%
- 2016: 22.2%
- 2021: 23.4%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 2034, NSW, Rented is the majority at 52%; Owned outright is next at 23%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Flats or apartments make up 70.6% of homes, which helps explain why separate houses are far less common here than in the rest of the state. The area has a low proportion of large homes, with only 41.5% having three or more bedrooms.
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.
17.6% ▼ -11.9%
Lower than 99% of postcode areas.
- 2011: 20.0%
- 2016: 17.2%
- 2021: 17.6%
Share of occupied private dwellings that are separate houses.
41.5% ▲ +9.5%
Lower than 96% of postcode areas.
- 2011: 37.9%
- 2016: 39.6%
- 2021: 41.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 2034, NSW, Flat or apartment is the majority at 71%; Separate house is next at 18%.
Bedrooms per home
View on map →In 2034, NSW, the largest group is 2 bedrooms at 44%, followed by 3 bedrooms (25%) and 1 bedroom (13%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 2034, NSW
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2034, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2034/2034-nsw/topic/housing-dwellings