$693 —
Lower than 94% of suburb / locality areas.
- 2016: $802
- 2021: $693
Median monthly mortgage repayment for households with a mortgage.
Cottonvale · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly home loan payments are just $693 in Cottonvale, far below the state and national figures. This makes it one of the most affordable areas for homeowners in the region. The low cost of housing is mirrored by very low occupant density in the local homes.
Rents, mortgages and crowding.
The usual monthly mortgage payment of $693 is among the lowest at this level, sitting far below the New South Wales figure of $2,167.
$693 —
Lower than 94% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Cottonvale, Under $1,000 is the majority at 100%.
How homes are owned or rented.
The most common how homes are owned or rented is Other tenure at 38%, ahead of Owned outright (25%).
In Cottonvale, the largest group is Other tenure at 46%, followed by Owned outright (31%) and Owned with a mortgage (23%).
Houses, townhouses, apartments and bedrooms.
Homes here are not crowded, with only 0.60 people per bedroom, which is well below the Australian figure of 0.80.
0.60 —
Lower than 93% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Cottonvale, Separate house is the majority at 100%.
Cottonvale splits fairly evenly between 2 bedrooms (50%) and 4 bedrooms (50%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cottonvale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL11087/cottonvale/topic/housing-dwellings