$850 —
Higher than 99% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
Castle Cove - Northbridge · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Huge gaps between local costs and national figures define the housing market in Castle Cove - Northbridge. The area is dominated by large, expensive family homes and a very high proportion of residents who own their properties outright. This makes it one of the most expensive places to live in the country.
All statistical area 2 (sa2) areas, 2021. The marker is Castle Cove - Northbridge — higher than 99% of areas.
| Castle Cove - Northbridge | $850 |
|---|---|
| 2063, NSW | $740 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are far above the national figure at $4,333, and weekly rents are also among the highest at $850. Over half of renters pay $750 or more per week, while 64.2% of homeowners pay at least $3,000 a month on their loan.
$850 —
Higher than 99% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$4,333 —
Higher than 99% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Castle Cove - Northbridge, $750 or more is the majority at 59%; $550–$749 is next at 20%.
In Castle Cove - Northbridge, $3,000 or more is the majority at 69%; $1,800–$2,999 is next at 12%.
How homes are owned or rented.
Home ownership is very strong here, with 48.2% of homes owned outright, a figure far above both the state and national averages. Only 15.0% of households rent, which is much lower than most other areas.
15.0% —
Lower than 86% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
48.2% —
Higher than 93% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Castle Cove - Northbridge, the largest group is Owned outright at 48%, followed by Owned with a mortgage (34%) and Rented (15%).
Houses, townhouses, apartments and bedrooms.
Large homes are the norm, with 85.6% of dwellings having three or more bedrooms and 84.4% being separate houses. This is far above the state and national figures, with nearly 38% of homes having four bedrooms.
0.80 —
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
84.4% —
Higher than 50% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
85.6% —
Higher than 69% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Castle Cove - Northbridge, Separate house is the majority at 84%; Flat or apartment is next at 10%.
In Castle Cove - Northbridge, the largest group is 4 bedrooms at 37%, followed by 3 bedrooms (28%) and 5 or more (21%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Castle Cove - Northbridge [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/121011683/castle-cove-northbridge/topic/housing-dwellings