$460 → 0.0%
Higher than 82% of statistical area 2 (sa2) areas.
- 2011: $460
- 2016: $500
- 2021: $460
Median weekly rent paid by households renting their home.
Palmerston - North · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents of $460 have barely changed since 2011 in Palmerston - North, though typical mortgage payments have fallen by $600. The area is now dominated by large family homes, with nearly 90% having three or more bedrooms.
All statistical area 2 (sa2) areas, 2021. The marker is Palmerston - North — higher than 82% of areas.
| Palmerston - North | $460 |
|---|---|
| 0830, NT | $370 |
| Northern Territory | $325 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rent is $460, which is much higher than most similar areas and well above the Northern Territory figure of $325. Mortgage payments are also high, with the usual monthly cost at $2,000, a figure about the same as the national average.
$460 → 0.0%
Higher than 82% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,000 ▼ -23.1%
Higher than 61% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Palmerston - North, $350–$549 is the majority at 57%; $550–$749 is next at 20%.
In Palmerston - North, the largest group is $1,800–$2,999 at 50%, followed by $1,000–$1,799 (27%) and $3,000 or more (15%).
How homes are owned or rented.
Renting is common here, with 43.6% of households renting, which is far above the national figure of 30.6%. Very few people own their homes outright; at 11.3%, this is among the lowest rates for similar areas.
43.6% ▼ -9.2%
Higher than 84% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
11.3% ▲ +48.0%
Lower than 95% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Palmerston - North splits fairly evenly between Rented (43%) and Owned with a mortgage (42%), with Owned outright at 11%.
Houses, townhouses, apartments and bedrooms.
Large houses are the norm, as 89.7% of homes have three or more bedrooms, far above the national figure of 73.8%. Separate houses make up 86.5% of all dwellings, which is far above the Northern Territory average.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
86.5% ▼ -7.2%
Higher than 55% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
89.7% ▼ -4.7%
Higher than 80% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Palmerston - North, Separate house is the majority at 86%; Townhouse / semi-detached is next at 8%.
Palmerston - North splits fairly evenly between 3 bedrooms (45%) and 4 bedrooms (41%), with 2 bedrooms at 6%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Palmerston - North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/701041041/palmerston-north/topic/housing-dwellings