$490 ▲ +22.5%
Higher than 87% of statistical area 2 (sa2) areas.
- 2011: $400
- 2016: $480
- 2021: $490
Median weekly rent paid by households renting their home.
Potts Point - Woolloomooloo · Statistical Area 2 (SA2)
Housing & Dwellings in Potts Point - Woolloomooloo
Where and how people live — the homes, how they are held, and what they cost.
Typical weekly rents in Potts Point - Woolloomooloo have climbed by $90 since 2011. This is a high-cost area where nearly 90% of homes are flats or apartments. Most people rent here, and the cost of both renting and paying off a mortgage is much higher than in most other areas.
$490
▲ +22.5%
- $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 Potts Point - Woolloomooloo — higher than 87% of areas.
| Potts Point - Woolloomooloo | $490 |
|---|---|
| 2011, NSW | $490 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $490, which is well above the national figure. Mortgage payments are also high, with the usual monthly payment of $2,500 being much higher than in most areas.
$2,500 ▲ +13.6%
Higher than 87% of statistical area 2 (sa2) areas.
- 2011: $2,200
- 2016: $2,167
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Potts Point - Woolloomooloo, the largest group is $350–$549 at 37%, followed by $550–$749 (23%) and $750 or more (18%).
Monthly mortgage distribution
View on map →In Potts Point - Woolloomooloo, the largest group is $3,000 or more at 41%, followed by $1,800–$2,999 (28%) and $1,000–$1,799 (17%).
Owning & renting
How homes are owned or rented.
Renting is far more common here than in the rest of the state, with 64.1% of households renting. This is among the highest rates for this level, while the share of homes owned outright is far below the national figure.
64.1% ▲ +1.6%
Higher than 98% of statistical area 2 (sa2) areas.
- 2011: 63.1%
- 2016: 65.0%
- 2021: 64.1%
Share of occupied private dwellings that are rented.
18.0% ▲ +10.7%
Lower than 87% of statistical area 2 (sa2) areas.
- 2011: 16.2%
- 2016: 16.2%
- 2021: 18.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Potts Point - Woolloomooloo, Rented is the majority at 64%; Owned outright is next at 18%.
Types of homes
Houses, townhouses, apartments and bedrooms.
Apartments dominate the landscape, and separate houses are very rare at just 0.3%. This explains why homes with three or more bedrooms are among the lowest in the region, at only 11.0%.
1.00 ▼ -16.7%
Higher than 90% of statistical area 2 (sa2) areas.
- 2011: 1.20
- 2016: 1.10
- 2021: 1.00
Average number of usual residents per bedroom — a crowding measure.
0.3% ▼ -28.5%
Lower than 99% of statistical area 2 (sa2) areas.
- 2011: 0.5%
- 2016: 0.4%
- 2021: 0.3%
Share of occupied private dwellings that are separate houses.
11.0% ▲ +4.1%
Lower than 99% of statistical area 2 (sa2) areas.
- 2011: 10.6%
- 2016: 10.7%
- 2021: 11.0%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Potts Point - Woolloomooloo, Flat or apartment is the majority at 90%; Townhouse / semi-detached is next at 9%.
Bedrooms per home
View on map →In Potts Point - Woolloomooloo, the largest group is 1 bedroom at 42%, followed by 2 bedrooms (32%) and Studio / none (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Potts Point - Woolloomooloo
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Potts Point - Woolloomooloo [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/117031333/potts-point-woolloomooloo/topic/housing-dwellings