Rose Bay - Vaucluse - Watsons Bay · Statistical Area 2 (SA2)

Housing & Dwellings in Rose Bay - Vaucluse - Watsons Bay

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

Typical monthly mortgage payments of $4,195 make Rose Bay - Vaucluse - Watsons Bay one of the most expensive places to live in the country. High costs are a defining feature of the area's housing market, which is dominated by people who own their homes outright or pay very high rents.

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📍 Rose Bay - Vaucluse - Watsons Bay, Statistical Area 2 (SA2)

Where Rose Bay - Vaucluse - Watsons Bay sits — Median rent (weekly)

$713 ▲ +29.6%
  • $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 Rose Bay - Vaucluse - Watsons Bay — higher than 99% of areas.

Median rent (weekly) compared with the state and national average
Rose Bay - Vaucluse - Watsons Bay$713
2030, NSW $715
New South Wales $420
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents of $713 and monthly mortgage payments of $4,195 are far above the national figures. These costs have risen steadily since 2011, with nearly 60% of mortgage holders now paying $3,000 or more each month.

$713 ▲ +29.6%

Higher than 99% of statistical area 2 (sa2) areas.

  • 2011: $550
  • 2016: $650
  • 2021: $713

Median weekly rent paid by households renting their home.

$4,195 ▲ +27.5%

Higher than 99% of statistical area 2 (sa2) areas.

  • 2011: $3,289
  • 2016: $3,467
  • 2021: $4,195

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Rose Bay - Vaucluse - Watsons Bay, the largest group is $750 or more at 47%, followed by $550–$749 (32%) and $350–$549 (15%).

Monthly mortgage distribution

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In Rose Bay - Vaucluse - Watsons Bay, $3,000 or more is the majority at 66%; $1,800–$2,999 is next at 14%.

Owning & renting

How homes are owned or rented.

Home ownership is very strong here, with 42.3% of homes owned outright—far above the New South Wales figure of 31.5%. Meanwhile, the proportion of households renting is well below the national average at 26.0%.

26.0% ▼ -5.4%

Lower than 53% of statistical area 2 (sa2) areas.

  • 2011: 27.5%
  • 2016: 26.9%
  • 2021: 26.0%

Share of occupied private dwellings that are rented.

42.3% ▼ -1.0%

Higher than 81% of statistical area 2 (sa2) areas.

  • 2011: 42.7%
  • 2016: 42.2%
  • 2021: 42.3%

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

How homes are owned or rented

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In Rose Bay - Vaucluse - Watsons Bay, the largest group is Owned outright at 42%, followed by Owned with a mortgage (27%) and Rented (26%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are much less common here than in most areas, making up 46.0% of homes. Apartments are also very popular at 43.4%, which helps explain why there are fewer large three-bedroom homes compared to the rest of Australia.

0.80 ▼ -27.3%

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

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.80

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

46.0% ▼ -11.3%

Lower than 88% of statistical area 2 (sa2) areas.

  • 2011: 51.8%
  • 2016: 48.2%
  • 2021: 46.0%

Share of occupied private dwellings that are separate houses.

65.4% ▲ +0.0%

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

  • 2011: 65.4%
  • 2016: 64.8%
  • 2021: 65.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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Rose Bay - Vaucluse - Watsons Bay splits fairly evenly between Separate house (46%) and Flat or apartment (44%), with Townhouse / semi-detached at 8%.

Bedrooms per home

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Rose Bay - Vaucluse - Watsons Bay splits fairly evenly between 2 bedrooms (28%) and 3 bedrooms (27%), with 4 bedrooms at 23%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Rose Bay - Vaucluse - Watsons Bay

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Rose Bay - Vaucluse - Watsons Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/118011346/rose-bay-vaucluse-watsons-bay/topic/housing-dwellings