$440 ▲ +41.9%
Higher than 87% of suburb / locality areas.
- 2011: $310
- 2016: $360
- 2021: $440
Median weekly rent paid by households renting their home.
Banora Point · Suburb / Locality
Housing & Dwellings in Banora Point
Where and how people live — the homes, how they are held, and what they cost.
Banora Point has seen a shift in its housing landscape since 2011, with a high number of residents now owning their homes outright. Nearly half of all households are owned debt-free, creating a stable residential profile where home ownership is far more common than in the rest of Australia.
$440
▲ +41.9%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Banora Point — higher than 87% of areas.
| Banora Point | $440 |
|---|---|
| 2486, NSW | $420 |
| New South Wales | $420 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Weekly rent is much higher than most areas at $440, which is a little above the national figure. The typical monthly home loan payment is $1,871, slightly below the New South Wales average of $2,167.
$1,871 ▼ -1.2%
Higher than 65% of suburb / locality areas.
- 2011: $1,894
- 2016: $1,733
- 2021: $1,871
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Banora Point, the largest group is $350–$549 at 47%, followed by $550–$749 (23%) and $200–$349 (15%).
Monthly mortgage distribution
View on map →In Banora Point, the largest group is $1,800–$2,999 at 41%, followed by $1,000–$1,799 (30%) and Under $1,000 (17%).
Owning & renting
How homes are owned or rented.
Home ownership is very strong here, with 45.8% of homes owned outright, far above the state figure of 31.5%. This helps explain why the share of households renting is far below the national average at just 18.6%.
18.6% ▼ -10.3%
Higher than 56% of suburb / locality areas.
- 2011: 20.7%
- 2016: 19.8%
- 2021: 18.6%
Share of occupied private dwellings that are rented.
45.8% ▲ +6.6%
Higher than 64% of suburb / locality areas.
- 2011: 42.9%
- 2016: 45.9%
- 2021: 45.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Banora Point, the largest group is Owned outright at 46%, followed by Owned with a mortgage (31%) and Rented (19%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Larger homes are common, as 78.9% have three or more bedrooms, well above the national figure. However, separate houses make up 61.6% of dwellings, which is far below the Australian average of 72.3%.
0.70 ▼ -30.0%
Lower than 86% of suburb / locality areas.
- 2011: 1.00
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
61.6% ▼ -10.9%
Lower than 89% of suburb / locality areas.
- 2011: 69.1%
- 2016: 62.0%
- 2021: 61.6%
Share of occupied private dwellings that are separate houses.
78.9% ▼ -3.5%
Lower than 52% of suburb / locality areas.
- 2011: 81.8%
- 2016: 78.3%
- 2021: 78.9%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Banora Point, Separate house is the majority at 62%; Townhouse / semi-detached is next at 35%.
Bedrooms per home
View on map →In Banora Point, the largest group is 3 bedrooms at 47%, followed by 4 bedrooms (27%) and 2 bedrooms (17%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Banora Point
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Banora Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL10186/banora-point/topic/housing-dwellings