$270 ▲ +50.0%
Lower than 81% of statistical area 2 (sa2) areas.
- 2011: $180
- 2016: $230
- 2021: $270
Median weekly rent paid by households renting their home.
Inverell · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define the market in Inverell. Typical monthly mortgage payments and weekly rents are both well below the state and national figures. This affordability is paired with a high number of spacious, detached family homes.
All statistical area 2 (sa2) areas, 2021. The marker is Inverell — lower than 81% of areas.
| Inverell | $270 |
|---|---|
| 2360, NSW | $270 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $270, which is well below the national figure of $375. Similarly, the typical monthly home loan payment of $1,250 is far below the New South Wales figure of $2,167.
$270 ▲ +50.0%
Lower than 81% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,250 ▼ -1.0%
Lower than 87% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Inverell, $200–$349 is the majority at 60%; Under $200 is next at 23%.
In Inverell, the largest group is $1,000–$1,799 at 48%, followed by Under $1,000 (30%) and $1,800–$2,999 (18%).
How homes are owned or rented.
About 35.3% of homes are owned outright, a figure well above the Australian average of 31.0%. Meanwhile, 32.4% of households are renting, which is higher than most similar areas.
32.4% ▲ +4.7%
Higher than 65% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
35.3% ▼ -0.7%
Higher than 59% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Inverell splits fairly evenly between Owned outright (35%) and Rented (32%), with Owned with a mortgage at 28%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 87.3% of the market, far above the national figure of 72.3%. These homes are often large, with 78.0% having three or more bedrooms, though there are fewer people per bedroom than in most areas.
0.70 ▼ -36.4%
Lower than 99% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
87.3% ▲ +0.4%
Higher than 57% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
78.0% ▲ +3.6%
Lower than 54% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Inverell, Separate house is the majority at 88%; Townhouse / semi-detached is next at 10%.
In Inverell, the largest group is 3 bedrooms at 46%, followed by 4 bedrooms (28%) and 2 bedrooms (15%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Inverell [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/110021191/inverell/topic/housing-dwellings