$500 ▲ +18.8%
Higher than 88% of statistical area 2 (sa2) areas.
- 2011: $421
- 2016: $510
- 2021: $500
Median weekly rent paid by households renting their home.
Chatswood (West) - Lane Cove North · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
High living costs define the housing market in Chatswood (West) - Lane Cove North, where the typical monthly mortgage payment is among the highest in the region at $2,708. This is an expensive area to live in, with both rents and mortgages sitting well above national figures. The shift towards more apartments has created a landscape where few people own their homes outright.
All statistical area 2 (sa2) areas, 2021. The marker is Chatswood (West) - Lane Cove North — higher than 88% of areas.
| Chatswood (West) - Lane Cove North | $500 |
|---|---|
| 2067, NSW | $580 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Renting is much more expensive than in most areas, with typical weekly rent of $500, which is well above the Australian figure. Mortgage costs are also high; the typical monthly payment is $2,708, up $153 since 2011.
$500 ▲ +18.8%
Higher than 88% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,708 ▲ +6.0%
Higher than 91% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Chatswood (West) - Lane Cove North, the largest group is $350–$549 at 48%, followed by $550–$749 (27%) and $750 or more (15%).
In Chatswood (West) - Lane Cove North, the largest group is $3,000 or more at 45%, followed by $1,800–$2,999 (32%) and $1,000–$1,799 (13%).
How homes are owned or rented.
Renting is very common here, with 37.2% of households renting, which is well above the state average. This is consistent with the fact that only 25.6% of homes are owned outright, a figure well below the national average.
37.2% ▲ +6.7%
Higher than 74% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
25.6% ▼ -9.5%
Lower than 71% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Chatswood (West) - Lane Cove North splits fairly evenly between Rented (37%) and Owned with a mortgage (35%), with Owned outright at 26%.
Houses, townhouses, apartments and bedrooms.
Apartments are the dominant home type at 58.8%, meaning separate houses are far less common than in the rest of the state. This lack of larger homes is reflected in the data, as homes with three or more bedrooms are far below the national figure.
1.00 ▼ -16.7%
Higher than 90% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
35.4% ▼ -18.8%
Lower than 91% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
46.2% ▼ -8.9%
Lower than 91% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Chatswood (West) - Lane Cove North, Flat or apartment is the majority at 59%; Separate house is next at 35%.
In Chatswood (West) - Lane Cove North, the largest group is 2 bedrooms at 40%, followed by 3 bedrooms (25%) and 4 bedrooms (15%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Chatswood (West) - Lane Cove North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/121011399/chatswood-lane-cove-north/topic/housing-dwellings