$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.
Rose Bay - Vaucluse - Watsons Bay · Statistical Area 2 (SA2)
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.
All statistical area 2 (sa2) areas, 2021. The marker is Rose Bay - Vaucluse - Watsons Bay — higher than 99% of areas.
| Rose Bay - Vaucluse - Watsons Bay | $713 |
|---|---|
| 2030, NSW | $715 |
| New South Wales | $420 |
| Australia | $375 |
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.
Median weekly rent paid by households renting their home.
$4,195 ▲ +27.5%
Higher than 99% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Rose Bay - Vaucluse - Watsons Bay, the largest group is $750 or more at 47%, followed by $550–$749 (32%) and $350–$549 (15%).
In Rose Bay - Vaucluse - Watsons Bay, $3,000 or more is the majority at 66%; $1,800–$2,999 is next at 14%.
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.
Share of occupied private dwellings that are rented.
42.3% ▼ -1.0%
Higher than 81% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Rose Bay - Vaucluse - Watsons Bay, the largest group is Owned outright at 42%, followed by Owned with a mortgage (27%) and Rented (26%).
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.
Average number of usual residents per bedroom — a crowding measure.
46.0% ▼ -11.3%
Lower than 88% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
65.4% ▲ +0.0%
Lower than 78% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
Rose Bay - Vaucluse - Watsons Bay splits fairly evenly between Separate house (46%) and Flat or apartment (44%), with Townhouse / semi-detached at 8%.
Rose Bay - Vaucluse - Watsons Bay splits fairly evenly between 2 bedrooms (28%) and 3 bedrooms (27%), with 4 bedrooms at 23%.
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