$440 —
Higher than 77% of statistical area 2 (sa2) areas.
- 2016: $360
- 2021: $440
Median weekly rent paid by households renting their home.
Banora Point · Statistical Area 2 (SA2)
Housing & Dwellings in Banora Point
Where and how people live — the homes, how they are held, and what they cost.
More than 43% of Banora Point homes are owned outright, a figure far above the national average. This high rate of full ownership is a standout feature of the local housing market, where renting is much less common than in most other areas.
$440
—
- $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 Banora Point — higher than 77% of areas.
| Banora Point | $440 |
|---|---|
| 2486, NSW | $420 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $440, which is much higher than most areas and rose $80 since 2016. Meanwhile, typical monthly mortgage payments rose $167 over the same period to reach $1,900.
$1,900 —
Higher than 54% of statistical area 2 (sa2) areas.
- 2016: $1,733
- 2021: $1,900
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Banora Point, the largest group is $350–$549 at 48%, followed by $550–$749 (23%) and $200–$349 (15%).
Monthly mortgage distribution
View on map →In Banora Point, the largest group is $1,800–$2,999 at 42%, followed by $1,000–$1,799 (30%) and Under $1,000 (17%).
Owning & renting
How homes are owned or rented.
Outright ownership is far above the New South Wales figure at 43.9%. In contrast, households renting are far below the state and national averages, falling to 19.0% since 2016.
19.0% —
Lower than 75% of statistical area 2 (sa2) areas.
- 2016: 20.5%
- 2021: 19.0%
Share of occupied private dwellings that are rented.
43.9% —
Higher than 86% of statistical area 2 (sa2) areas.
- 2016: 44.1%
- 2021: 43.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Banora Point, the largest group is Owned outright at 44%, followed by Owned with a mortgage (33%) and Rented (19%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are common, with 80.5% having three or more bedrooms, which is well above the national figure. However, the number of people per bedroom is well below the New South Wales average at 0.70.
0.70 —
Lower than 99% of statistical area 2 (sa2) areas.
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
63.2% —
Lower than 77% of statistical area 2 (sa2) areas.
- 2016: 62.4%
- 2021: 63.2%
Share of occupied private dwellings that are separate houses.
80.5% —
Higher than 55% of statistical area 2 (sa2) areas.
- 2016: 79.6%
- 2021: 80.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Banora Point, Separate house is the majority at 63%; Townhouse / semi-detached is next at 33%.
Bedrooms per home
View on map →In Banora Point, the largest group is 3 bedrooms at 46%, followed by 4 bedrooms (29%) and 2 bedrooms (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Banora Point
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Banora Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/112031550/banora-point/topic/housing-dwellings