$490 ▲ +25.6%
Higher than 91% of postcode areas.
- 2011: $390
- 2016: $500
- 2021: $490
Median weekly rent paid by households renting their home.
2048, NSW · Postcode
Housing & Dwellings in 2048, NSW
Where and how people live — the homes, how they are held, and what they cost.
Mortgage and rent payments have climbed significantly since 2011 in postcode 2048, where the typical monthly home loan now reaches $3,000. This area is marked by high housing costs and a very large number of renters compared to other parts of the country. Most people live in townhouses or apartments rather than detached houses.
$490
▲ +25.6%
- $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 2048, NSW — higher than 91% of areas.
| 2048, NSW | $490 |
|---|---|
| Inner West | $500 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rents are $490, which is well above the national figure of $375. Home loan repayments are also among the highest for similar areas, with the usual monthly payment of $3,000 sitting far above the Australian average of $1,863.
$3,000 ▲ +16.6%
Higher than 97% of postcode areas.
- 2011: $2,574
- 2016: $2,600
- 2021: $3,000
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 2048, NSW, the largest group is $350–$549 at 44%, followed by $750 or more (23%) and $550–$749 (17%).
Monthly mortgage distribution
View on map →In 2048, NSW, $3,000 or more is the majority at 51%; $1,800–$2,999 is next at 25%.
Owning & renting
How homes are owned or rented.
Renters make up 45.1% of households, a figure far above the national average of 30.6%. Meanwhile, homes owned outright are much less common here than in most areas, at 23.3%.
45.1% ▲ +2.8%
Higher than 90% of postcode areas.
- 2011: 43.9%
- 2016: 45.3%
- 2021: 45.1%
Share of occupied private dwellings that are rented.
23.3% ▲ +1.0%
Lower than 87% of postcode areas.
- 2011: 23.1%
- 2016: 22.7%
- 2021: 23.3%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 2048, NSW, the largest group is Rented at 45%, followed by Owned with a mortgage (29%) and Owned outright (23%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Detached houses are rare here, making up only 18.8% of homes, which is far below the national figure of 72.3%. Most people live in townhouses or flats, and there are far fewer three-bedroom homes than in the rest of the state.
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.
18.8% ▼ -42.9%
Lower than 98% of postcode areas.
- 2011: 32.9%
- 2016: 19.1%
- 2021: 18.8%
Share of occupied private dwellings that are separate houses.
49.1% ▲ +4.1%
Lower than 92% of postcode areas.
- 2011: 47.1%
- 2016: 47.3%
- 2021: 49.1%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →2048, NSW splits fairly evenly between Townhouse / semi-detached (40%) and Flat or apartment (39%), with Separate house at 19%.
Bedrooms per home
View on map →2048, NSW splits fairly evenly between 3 bedrooms (33%) and 2 bedrooms (29%), with 1 bedroom at 19%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 2048, NSW
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2048, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2048/2048-nsw/topic/housing-dwellings