$550 ▲ +31.0%
Higher than 96% of suburb / locality areas.
- 2011: $420
- 2016: $500
- 2021: $550
Median weekly rent paid by households renting their home.
Canada Bay · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Costs for housing in Canada Bay have climbed significantly since 2011, with typical monthly mortgage payments now reaching $3,033. This is an expensive area where both renting and buying are far costlier than the national figures. A mix of high costs and a shift toward smaller homes defines the local market.
All suburb / locality areas, 2021. The marker is Canada Bay — higher than 96% of areas.
| Canada Bay | $550 |
|---|---|
| 2046, NSW | $570 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rent is well above the national figure at $550, and typical monthly mortgage payments are far above Australia's $1,863. Over half of households with a mortgage pay $3,000 or more each month.
$550 ▲ +31.0%
Higher than 96% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$3,033 ▼ -5.2%
Higher than 92% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Canada Bay splits fairly evenly between $550–$749 (38%) and $350–$549 (33%), with $750 or more at 16%.
In Canada Bay, $3,000 or more is the majority at 57%; $1,800–$2,999 is next at 20%.
How homes are owned or rented.
About 32.8% of households rent, which is much higher than most areas. While 34.5% of homes are owned outright, this is well above the New South Wales figure of 31.5%.
32.8% ▲ +7.5%
Higher than 82% of suburb / locality areas.
Share of occupied private dwellings that are rented.
34.5% ▲ +3.9%
Lower than 68% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Canada Bay splits fairly evenly between Owned outright (34%) and Owned with a mortgage (33%), with Rented at 33%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 59.9% of homes, which is far below the national figure of 72.3%. With fewer large homes, people per bedroom is a little above the Australian average at 0.90.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
59.9% ▼ -6.8%
Lower than 90% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
64.8% ▲ +9.2%
Lower than 80% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Canada Bay, Separate house is the majority at 59%; Flat or apartment is next at 24%.
Canada Bay splits fairly evenly between 3 bedrooms (39%) and 2 bedrooms (34%), with 4 bedrooms at 19%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Canada Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL10784/canada-bay/topic/housing-dwellings