2340, NSW · Postcode

Housing & Dwellings in 2340, NSW

Where and how people live — the homes, how they are held, and what they cost.

Much lower housing costs make postcode 2340 an affordable option compared to the rest of the state. The typical weekly rent is just $300, which is well below the national figure. This area is dominated by large, separate houses, with over 80% of homes having three or more bedrooms.

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📍 2340, NSW, Postcode

Where 2340, NSW sits — Median rent (weekly)

$300 ▲ +42.9%
  • $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 2340, NSW — higher than 51% of areas.

Median rent (weekly) compared with the state and national average
2340, NSW$300
Tamworth Regional $300
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents of $300 and monthly mortgage payments of $1,517 are both well below the New South Wales figures. Since 2011, rent has risen by $90 a week, while mortgage payments have increased by $17 a month.

$300 ▲ +42.9%

Higher than 51% of postcode areas.

  • 2011: $210
  • 2016: $270
  • 2021: $300

Median weekly rent paid by households renting their home.

$1,517 ▲ +1.1%

Lower than 53% of postcode areas.

  • 2011: $1,500
  • 2016: $1,517
  • 2021: $1,517

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In 2340, NSW, $200–$349 is the majority at 54%; $350–$549 is next at 31%.

Monthly mortgage distribution

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In 2340, NSW, the largest group is $1,000–$1,799 at 45%, followed by $1,800–$2,999 (28%) and Under $1,000 (19%).

Owning & renting

How homes are owned or rented.

Renting is much more common here than in most areas, with 33.5% of households renting. This is a little above the national figure and has risen by 2.4 percentage points since 2011.

33.5% ▲ +7.6%

Higher than 79% of postcode areas.

  • 2011: 31.2%
  • 2016: 33.1%
  • 2021: 33.5%

Share of occupied private dwellings that are rented.

31.5% ▼ -3.8%

Lower than 72% of postcode areas.

  • 2011: 32.7%
  • 2016: 31.8%
  • 2021: 31.5%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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2340, NSW splits fairly evenly between Rented (34%) and Owned outright (31%), with Owned with a mortgage at 31%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 86.5% of the market, which is far above the national figure. This focus on larger homes is clear, as 80.1% of dwellings have three or more bedrooms.

0.80 ▼ -27.3%

Lower than 57% of postcode areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

86.5% ▲ +0.4%

Lower than 65% of postcode areas.

  • 2011: 86.1%
  • 2016: 85.3%
  • 2021: 86.5%

Share of occupied private dwellings that are separate houses.

80.1% ▲ +1.6%

Higher than 58% of postcode areas.

  • 2011: 78.8%
  • 2016: 79.3%
  • 2021: 80.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In 2340, NSW, Separate house is the majority at 87%; Townhouse / semi-detached is next at 11%.

Bedrooms per home

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In 2340, NSW, the largest group is 3 bedrooms at 40%, followed by 4 bedrooms (34%) and 2 bedrooms (15%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 2340, NSW

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in 2340, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2340/2340-nsw/topic/housing-dwellings