$580 ▲ +31.8%
Higher than 98% of postcode areas.
- 2011: $440
- 2016: $550
- 2021: $580
Median weekly rent paid by households renting their home.
2040, NSW · Postcode
Housing & Dwellings in 2040, NSW
Where and how people live — the homes, how they are held, and what they cost.
Very high living costs mark postcode 2040, where the typical monthly mortgage is among the highest at this level. It is an expensive area to live, with both rents and loan payments sitting far above the national figures.
$580
▲ +31.8%
- $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 2040, NSW — higher than 98% of areas.
| 2040, NSW | $580 |
|---|---|
| Inner West | $500 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $580, which is well above the Australian figure of $375. Mortgage payments are also steep, with the usual monthly payment of $3,467 sitting well above the New South Wales average of $2,167.
$3,467 ▲ +15.6%
Higher than 99% of postcode areas.
- 2011: $3,000
- 2016: $3,000
- 2021: $3,467
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →2040, NSW splits fairly evenly between $550–$749 (30%) and $350–$549 (26%), with $750 or more at 25%.
Monthly mortgage distribution
View on map →In 2040, NSW, $3,000 or more is the majority at 61%; $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 38.9% of households renting. This is well above the national figure of 30.6%, while the share of homes owned outright is well below the Australian average.
38.9% ▲ +0.5%
Higher than 86% of postcode areas.
- 2011: 38.7%
- 2016: 38.8%
- 2021: 38.9%
Share of occupied private dwellings that are rented.
25.3% ▲ +4.5%
Lower than 85% of postcode areas.
- 2011: 24.2%
- 2016: 24.7%
- 2021: 25.3%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →2040, NSW splits fairly evenly between Rented (39%) and Owned with a mortgage (34%), with Owned outright at 25%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses are far less common here than across the state, making up only 40.9% of homes. This shift toward smaller dwellings is reflected in the fact that homes with three or more bedrooms are far below the national average.
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.
40.9% ▼ -10.2%
Lower than 92% of postcode areas.
- 2011: 45.6%
- 2016: 30.3%
- 2021: 40.9%
Share of occupied private dwellings that are separate houses.
51.1% ▲ +7.9%
Lower than 91% of postcode areas.
- 2011: 47.4%
- 2016: 49.7%
- 2021: 51.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 2040, NSW, the largest group is Separate house at 41%, followed by Townhouse / semi-detached (30%) and Flat or apartment (28%).
Bedrooms per home
View on map →2040, NSW splits fairly evenly between 3 bedrooms (37%) and 2 bedrooms (36%), with 4 bedrooms at 13%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 2040, NSW
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2040, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2040/2040-nsw/topic/housing-dwellings