$600 ▲ +17.0%
Higher than 98% of statistical area 2 (sa2) areas.
- 2011: $513
- 2016: $620
- 2021: $600
Median weekly rent paid by households renting their home.
North Sydney - Lavender Bay · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Far more people rent in North Sydney - Lavender Bay than in most other areas, with 58.6% of households renting. This is a high-cost area where both mortgages and rents are well above the state and national figures. The housing landscape is dominated by apartments, which makes up over 83% of all homes.
All statistical area 2 (sa2) areas, 2021. The marker is North Sydney - Lavender Bay — higher than 98% of areas.
| North Sydney - Lavender Bay | $600 |
|---|---|
| 2060, NSW | $580 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are far above the national figure at $600. Mortgage costs are also very high, with the usual monthly payment of $2,850 sitting well above the New South Wales average of $2,167.
$600 ▲ +17.0%
Higher than 98% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,850 ▲ +5.6%
Higher than 93% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
North Sydney - Lavender Bay splits fairly evenly between $550–$749 (34%) and $750 or more (31%), with $350–$549 at 30%.
In North Sydney - Lavender Bay, the largest group is $3,000 or more at 48%, followed by $1,800–$2,999 (27%) and $1,000–$1,799 (14%).
How homes are owned or rented.
Renting is very common here, rising to 58.6% since 2011, which is far above the national figure of 30.6%. Meanwhile, homes owned outright make up 22.6% of the total, a figure well below the state and national averages.
58.6% ▲ +5.3%
Higher than 94% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
22.6% ▼ -1.7%
Lower than 78% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In North Sydney - Lavender Bay, Rented is the majority at 59%; Owned outright is next at 23%.
Houses, townhouses, apartments and bedrooms.
Apartments are the main housing type at 83.4%, while separate houses are far less common than in most areas at just 5.6%. This explains why homes with three or more bedrooms are far below the national average, and why people per bedroom is a little above the state figure.
1.10 ▼ -8.3%
Higher than 95% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
5.6% ▼ -41.2%
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
26.2% ▼ -12.5%
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In North Sydney - Lavender Bay, Flat or apartment is the majority at 84%; Townhouse / semi-detached is next at 11%.
In North Sydney - Lavender Bay, the largest group is 2 bedrooms at 38%, followed by 1 bedroom (31%) and 3 bedrooms (21%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in North Sydney - Lavender Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/121041417/north-sydney-lavender-bay/topic/housing-dwellings