$180 —
Lower than 80% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Drake Village · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Low housing costs have shaped the local market in Drake Village, where the typical weekly rent is just $180. This affordability is matched by a very high rate of home ownership, with over 64% of residents owning their homes outright.
All suburb / locality areas, 2021. The marker is Drake Village — lower than 80% of areas.
| Drake Village | $180 |
|---|---|
| 2469, NSW | $240 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are $635, which is far below the New South Wales figure of $2,167. Weekly rents are also much lower than most areas, sitting at $180 compared to the national figure of $375.
$180 —
Lower than 80% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$635 —
Lower than 95% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Drake Village, Under $1,000 is the majority at 100%.
How homes are owned or rented.
Owning a home outright is far more common here than in the rest of the state, at 64.3%. Only 11.9% of households rent, which is far below the Australian average of 30.6%.
11.9% —
Lower than 66% of suburb / locality areas.
Share of occupied private dwellings that are rented.
64.3% —
Higher than 94% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Drake Village, Owned outright is the majority at 60%; Owned with a mortgage is next at 29%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 83.3% of homes, a figure far above the national average of 72.3%. However, these homes are often smaller than usual; only 47.6% have three or more bedrooms, which is far below the state average.
0.90 —
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
83.3% —
Lower than 77% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
47.6% —
Lower than 92% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Drake Village, Separate house is the majority at 100%.
In Drake Village, the largest group is 3 bedrooms at 41%, followed by 1 bedroom (27%) and 2 bedrooms (19%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Drake Village [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL11293/drake-village/topic/housing-dwellings