$250 —
Lower than 86% of statistical area 2 (sa2) areas.
- 2016: $225
- 2021: $250
Median weekly rent paid by households renting their home.
Young · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs make Young an affordable place to live. The typical weekly rent is just $250, and the usual monthly mortgage payment of $1,300 is far below the state and national figures. This affordability is reflected in a high rate of home ownership, with more people owning their homes outright than in most other areas.
All statistical area 2 (sa2) areas, 2021. The marker is Young — lower than 86% of areas.
| Young | $250 |
|---|---|
| 2594, NSW | $250 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are much lower than most areas at $250, though this rose by $25 since 2016. Similarly, the usual monthly mortgage payment of $1,300 is far below the New South Wales figure of $2,167 and has barely changed in five years.
$250 —
Lower than 86% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,300 —
Lower than 86% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Young, $200–$349 is the majority at 68%; Under $200 is next at 20%.
In Young, the largest group is $1,000–$1,799 at 46%, followed by Under $1,000 (30%) and $1,800–$2,999 (19%).
How homes are owned or rented.
Home ownership is strong in Young, where 38.2% of homes are owned outright, a figure well above the Australian average of 31%. Meanwhile, the share of households renting has fallen slightly to 28.7%, which is well below the state average.
28.7% —
Higher than 55% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
38.2% —
Higher than 69% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Young, the largest group is Owned outright at 38%, followed by Rented (29%) and Owned with a mortgage (29%).
Houses, townhouses, apartments and bedrooms.
Separate houses are the dominant choice here, making up 87.8% of all homes, which is far above the national figure. This is consistent with the fact that 78.7% of dwellings have three or more bedrooms, though there are typically fewer people per bedroom than in most areas.
0.70 —
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
87.8% —
Higher than 58% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
78.7% —
Lower than 51% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Young, Separate house is the majority at 88%; Townhouse / semi-detached is next at 9%.
In Young, the largest group is 3 bedrooms at 42%, followed by 4 bedrooms (31%) and 2 bedrooms (16%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Young [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/101061543/young/topic/housing-dwellings