$480 ▲ +54.8%
Higher than 90% of postcode areas.
- 2011: $310
- 2016: $360
- 2021: $480
Median weekly rent paid by households renting their home.
2487, NSW · Postcode
Housing & Dwellings in 2487, NSW
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents of $480 are well above the national figure in postcode 2487, marking it as one of the most expensive areas for renters. While home costs are high, there is a strong trend toward stability, with more people owning their homes outright than in most other parts of the country.
$480
▲ +54.8%
- $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 2487, NSW — higher than 90% of areas.
| 2487, NSW | $480 |
|---|---|
| Tweed | $400 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $480, which is among the highest for similar areas and well above the national figure. Mortgage costs are also high, with the typical monthly payment rising to $2,230 since 2011.
$2,230 ▲ +9.5%
Higher than 86% of postcode areas.
- 2011: $2,037
- 2016: $2,100
- 2021: $2,230
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In 2487, NSW, the largest group is $350–$549 at 37%, followed by $550–$749 (23%) and $750 or more (16%).
Monthly mortgage distribution
View on map →2487, NSW splits fairly evenly between $1,800–$2,999 (35%) and $3,000 or more (31%), with $1,000–$1,799 at 20%.
Owning & renting
How homes are owned or rented.
Owning a home outright is far more common here than in the rest of the state, reaching 43.8%. Meanwhile, the proportion of households renting has fallen since 2011 to 25.3%, which is well below the national figure.
25.3% ▼ -25.4%
Higher than 63% of postcode areas.
- 2011: 33.9%
- 2016: 29.4%
- 2021: 25.3%
Share of occupied private dwellings that are rented.
43.8% ▲ +8.5%
Higher than 64% of postcode areas.
- 2011: 40.4%
- 2016: 40.5%
- 2021: 43.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In 2487, NSW, the largest group is Owned outright at 44%, followed by Owned with a mortgage (28%) and Rented (25%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 63.4% of dwellings, a figure that is well below the national average. This is consistent with the fact that homes with three or more bedrooms are also much less common here than in most other areas.
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.
63.4% ▲ +14.8%
Lower than 86% of postcode areas.
- 2011: 55.3%
- 2016: 59.0%
- 2021: 63.4%
Share of occupied private dwellings that are separate houses.
66.2% ▲ +11.5%
Lower than 82% of postcode areas.
- 2011: 59.4%
- 2016: 62.1%
- 2021: 66.2%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In 2487, NSW, Separate house is the majority at 64%; Flat or apartment is next at 14%.
Bedrooms per home
View on map →In 2487, NSW, the largest group is 3 bedrooms at 34%, followed by 4 bedrooms (25%) and 2 bedrooms (25%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for 2487, NSW
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2487, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2487/2487-nsw/topic/housing-dwellings