$580 —
Higher than 96% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
Pyrmont · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Housing costs in Pyrmont have climbed significantly since 2011, making it one of the most expensive places to live. The area is now dominated by high-density living, with almost every resident living in a flat or apartment.
All statistical area 2 (sa2) areas, 2021. The marker is Pyrmont — higher than 96% of areas.
| Pyrmont | $580 |
|---|---|
| 2009, NSW | $580 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical costs are very high here, with weekly rents at $580 and monthly mortgage payments at $2,800. Both figures are well above the New South Wales and national averages.
$580 —
Higher than 96% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,800 —
Higher than 92% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Pyrmont, the largest group is $550–$749 at 34%, followed by $350–$549 (28%) and $750 or more (24%).
In Pyrmont, the largest group is $3,000 or more at 47%, followed by $1,800–$2,999 (27%) and $1,000–$1,799 (13%).
How homes are owned or rented.
Renting is far more common in Pyrmont than in most other areas, with 61.7% of households renting. This is far above the national figure of 30.6%, while those who own their home outright are far fewer than usual.
61.7% —
Higher than 96% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
17.7% —
Lower than 87% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Pyrmont, Rented is the majority at 62%; Owned with a mortgage is next at 18%.
Houses, townhouses, apartments and bedrooms.
Apartments make up 93.7% of homes, and there are no separate houses in the area. Because there are so few homes with three or more bedrooms, there are more people per bedroom than in most other areas.
1.10 —
Higher than 95% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
0.0% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
22.6% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Pyrmont, Flat or apartment is the majority at 94%; Townhouse / semi-detached is next at 6%.
In Pyrmont, 2 bedrooms is the majority at 52%; 1 bedroom is next at 24%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Pyrmont [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/117031641/pyrmont/topic/housing-dwellings