Postcode · Area profile
2040, NSW
5 km²
A staggering 55.5% of people here work from home, making postcode 2040 one of the most remote-working areas in the country. This is a wealthy, highly educated community in Greater Sydney where nearly half of all adults hold a university degree. It is a family-oriented place with a high proportion of children and couples, though it is also marked by a sharp shift towards secularism. With a very high typical income and a short commute to the city, it is a premier residential hub.
An affluent area whose schools serve an equally well-off community.
A family-heavy area that's short on schools per child.
Explore 2040, NSW by topic
The area is younger than most, with a typical resident aged 38 and a higher share of children under 15 than the state average. Seniors are much less common here than across Australia, while de facto relationships are far more frequent, making up 17.5% of the population.
People born overseas make up 28.3% of the community, which is about the same as the national figure. English, Australian, and Irish are the most common ancestries reported.
While 18.6% of residents use a language other than English at home, this is well below the New South Wales average. English is the dominant language, though Italian is the most common second language.
A majority of residents (50.9%) now report no religion, a figure that is far above the national average and has risen by 18 points since 2011.
This is an exceptionally well-qualified community, where 48.2% of adults have a bachelor degree or higher and 77% finished Year 12. Both figures are far above the state and national averages.
Incomes are among the highest in the country, with a typical weekly family income of $3,617. About 44.6% of households earn $3,000 or more each week, which is far above the national figure.
Residents are generally healthier than those in most areas, with fewer people needing help for daily activities and a lower rate of long-term health conditions than the state average.
Unpaid childcare is common here, with 28.9% of people caring for children, which is well above the national figure. Volunteer rates are slightly above the state average.
Most homes are occupied by couples with children (61.7%) or couples without children (25.6%). About 26.8% of people live alone, which is a little above the national average.
Housing is expensive and compact, with typical weekly rents at $580 and monthly mortgage payments at $3,467. Detached houses are far less common than across Australia, and 38.9% of homes are rented.
The area is a short 6-minute drive from the city and highly accessible, with everyone living within a 2-minute walk of public transport. However, very few people now commute by public transport compared to 2011.
The community is quite mobile, with 43.9% of people moving house in the last five years, which is well above the national average.
Job security is high, with 70.5% of adults working or looking for work and a low unemployment rate of 3.9%. Professionals and managers make up the bulk of the workforce.
This area is among the most advantaged in the nation, scoring a perfect 10 for education and job skills and a 10 for overall advantage.
Postcode 2040 is a walker's paradise, where every single home is within a 15-minute walk of a park, a school, and public transport.
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