Merewether - The Junction · Statistical Area 2 (SA2)

Housing & Dwellings in Merewether - The Junction

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

Typical monthly mortgage payments of $2,500 are much higher than most areas in Merewether - The Junction. This is an expensive place to live, where both mortgage and rent costs have climbed significantly since 2011. Many residents have managed to secure their position here, with a high number of people owning their homes outright.

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📍 Merewether - The Junction, Statistical Area 2 (SA2)

Where Merewether - The Junction sits — Median rent (weekly)

$420 ▲ +40.0%
  • $100–$121: 37 areas
  • $121–$143: 11 areas
  • $143–$164: 27 areas
  • $164–$186: 32 areas
  • $186–$207: 63 areas
  • $207–$229: 57 areas
  • $229–$250: 59 areas
  • $250–$271: 158 areas
  • $271–$293: 106 areas
  • $293–$314: 178 areas
  • $314–$336: 149 areas
  • $336–$357: 207 areas
  • $357–$379: 179 areas
  • $379–$400: 182 areas
  • $400–$421: 312 areas
  • $421–$443: 103 areas
  • $443–$464: 158 areas
  • $464–$486: 69 areas
  • $486–$507: 85 areas
  • $507–$529: 38 areas
  • $529–$550: 32 areas
  • $550–$571: 45 areas
  • $571–$593: 19 areas
  • $593–$614: 34 areas
  • $614–$636: 8 areas
  • $636–$657: 11 areas
  • $657–$679: 5 areas
  • $679–$700: 28 areas

All statistical area 2 (sa2) areas, 2021. The marker is Merewether - The Junction — higher than 71% of areas.

Median rent (weekly) compared with the state and national average
Merewether - The Junction$420
2291, NSW $430
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are higher than most areas at $420, which is about the same as the New South Wales figure. Mortgage costs are even more striking, with the typical monthly payment well above the national figure and rising by $417 over the last decade.

$420 ▲ +40.0%

Higher than 71% of statistical area 2 (sa2) areas.

  • 2011: $300
  • 2016: $360
  • 2021: $420

Median weekly rent paid by households renting their home.

$2,500 ▲ +20.0%

Higher than 87% of statistical area 2 (sa2) areas.

  • 2011: $2,083
  • 2016: $2,167
  • 2021: $2,500

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Merewether - The Junction, the largest group is $350–$549 at 46%, followed by $550–$749 (17%) and $200–$349 (15%).

Monthly mortgage distribution

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In Merewether - The Junction, the largest group is $3,000 or more at 41%, followed by $1,800–$2,999 (29%) and $1,000–$1,799 (17%).

Owning & renting

How homes are owned or rented.

Owning a home outright is more common here than in most areas, at 35.9%, which is well above the national figure. Renting is also more common than in most areas, with 32.2% of households renting.

32.2% ▼ -2.9%

Higher than 64% of statistical area 2 (sa2) areas.

  • 2011: 33.1%
  • 2016: 32.6%
  • 2021: 32.2%

Share of occupied private dwellings that are rented.

35.9% ▲ +7.2%

Higher than 61% of statistical area 2 (sa2) areas.

  • 2011: 33.5%
  • 2016: 34.0%
  • 2021: 35.9%

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

How homes are owned or rented

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Merewether - The Junction splits fairly evenly between Owned outright (36%) and Rented (32%), with Owned with a mortgage at 30%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are less common here than in most areas, making up 62.5% of homes. While homes with three or more bedrooms are much lower than in most areas, the number of people per bedroom has moved down since 2011.

0.80 ▼ -27.3%

Lower than 71% of statistical area 2 (sa2) areas.

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

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

62.5% ▼ -2.5%

Lower than 78% of statistical area 2 (sa2) areas.

  • 2011: 64.1%
  • 2016: 61.9%
  • 2021: 62.5%

Share of occupied private dwellings that are separate houses.

67.9% ▲ +7.2%

Lower than 75% of statistical area 2 (sa2) areas.

  • 2011: 63.3%
  • 2016: 64.4%
  • 2021: 67.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Merewether - The Junction, Separate house is the majority at 63%; Flat or apartment is next at 19%.

Bedrooms per home

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In Merewether - The Junction, the largest group is 3 bedrooms at 36%, 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 Merewether - The Junction

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Merewether - The Junction [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/111031228/merewether-the-junction/topic/housing-dwellings