$430 —
Higher than 74% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
Southbank (West) - South Wharf · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Almost every home in Southbank (West) - South Wharf is now a flat or apartment, creating a dense urban landscape. This area is heavily dominated by renters and high-density living, with 99.7% of dwellings being apartments.
All statistical area 2 (sa2) areas, 2021. The marker is Southbank (West) - South Wharf — higher than 74% of areas.
Rents, mortgages and crowding.
Typical weekly rents are $430, which is much higher than most areas and a little above the national figure of $375. Home-loan payments are also high, with the typical monthly payment sitting at $2,000.
$430 —
Higher than 74% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,000 —
Higher than 61% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Southbank (West) - South Wharf, $350–$549 is the majority at 54%; $200–$349 is next at 18%.
In Southbank (West) - South Wharf, the largest group is $1,800–$2,999 at 39%, followed by $1,000–$1,799 (30%) and $3,000 or more (19%).
How homes are owned or rented.
Renting is very common here, with 62.5% of households renting—a figure far above the Australian average of 30.6%. Conversely, those who own their homes outright make up only 15.7%, which is far below the national rate of 31%.
62.5% —
Higher than 97% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
15.7% —
Lower than 90% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Southbank (West) - South Wharf, Rented is the majority at 62%; Owned with a mortgage is next at 19%.
Houses, townhouses, apartments and bedrooms.
Apartments are the only real option here, as there are no separate houses. With only 15.8% of homes having three or more bedrooms, the area is much more crowded than most, averaging 1.0 person per bedroom.
1.00 —
Higher than 90% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
0.0% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
15.8% —
Lower than 99% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Southbank (West) - South Wharf, Flat or apartment is the majority at 100%; Other dwelling is next at 0%.
In Southbank (West) - South Wharf, 2 bedrooms is the majority at 54%; 1 bedroom is next at 30%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Southbank (West) - South Wharf [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206041508/southbank-south-wharf/topic/housing-dwellings