$100 ▲ +284.6%
Lower than 98% of postcode areas.
- 2011: $26
- 2016: $45
- 2021: $100
Median weekly rent paid by households renting their home.
2874, NSW · Postcode
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of just $345 make postcode 2874 one of the most affordable places to live in the country. The area is dominated by large, detached houses and a very high number of people who own their homes outright. This creates a housing market that is far cheaper and more stable than the state or national average.
All postcode areas, 2021. The marker is 2874, NSW — lower than 98% of areas.
| 2874, NSW | $100 |
|---|---|
| Parkes | $250 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rent is far below the national figure at only $100, though this has risen from $26 in 2011. Mortgage costs are also among the lowest in the country, with 64.3% of households paying under $1,000 a month.
$100 ▲ +284.6%
Lower than 98% of postcode areas.
Median weekly rent paid by households renting their home.
$345 ▼ -20.3%
Lower than 99% of postcode areas.
Median monthly mortgage repayment for households with a mortgage.
In 2874, NSW, $200–$349 is the majority at 56%; Under $200 is next at 44%.
In 2874, NSW, Under $1,000 is the majority at 100%.
How homes are owned or rented.
A huge 60.2% of homes are owned outright, which is far above the New South Wales and Australian figures. Meanwhile, renting is much lower than most areas, with only 12.8% of households renting their homes.
12.8% ▼ -42.9%
Lower than 80% of postcode areas.
Share of occupied private dwellings that are rented.
60.2% ▲ +6.3%
Higher than 97% of postcode areas.
Share of occupied private dwellings owned outright (no mortgage).
In 2874, NSW, Owned outright is the majority at 63%; Owned with a mortgage is next at 22%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 94.0% of all homes, and 84.2% of dwellings have three or more bedrooms. Despite these large homes, there are fewer people per bedroom than in most other areas, at 0.70.
0.70 ▼ -36.4%
Lower than 86% of postcode areas.
Average number of usual residents per bedroom — a crowding measure.
94.0% ▼ -4.1%
Higher than 58% of postcode areas.
Share of occupied private dwellings that are separate houses.
84.2% ▼ -2.0%
Higher than 72% of postcode areas.
Share of occupied private dwellings with three or more bedrooms.
In 2874, NSW, Separate house is the majority at 100%.
In 2874, NSW, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (31%) and 2 bedrooms (12%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in 2874, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2874/2874-nsw/topic/housing-dwellings